Manulife US Regional Bank Trust announces an Equity Buyback for 623,337 shares, representing 10% of its issued share capital.
September 13, 2017 at 09:30 am IST
Manulife US Regional Bank Trust announces a share repurchase program. Under the program, the company will repurchase up to 623,337 Class A units of the Fund, representing of its issued and outstanding units. All Class A units purchased by the Fund pursuant to the NCIB will be cancelled. The program will commence on September 15, 2017 and will continue till September 14, 2018. As of September 4, 2017, the company had 6,233,372 Class A units issued and outstanding.