Bullboard - Stock Discussion Forum Sun Life Financial Inc SLF

Primary Symbol: T.SLF Alternate Symbol(s): T.SLF.PR.C | SNLIF | T.SLF.PR.E | T.SLF.PR.D | SLFIF | T.SLF.PR.G | SUNFF | T.SLF.PR.H | T.SLF.PR.J | SLFQF | T.SLF.PR.K

Financial Services Insurance - Diversified

Sun Life Financial Inc. is an international financial services company. The Company is engaged in providing asset management, wealth, insurance and health solutions to individual and institutional clients. The Company’s segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. These business segments operate in the financial services industry. The Asset Management... see more

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Sun Life Financial Inc > Street did not like divvy raise and buyback

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Post by mouserman on May 10, 2024 2:38pm

Street did not like divvy raise and buyback

Appears some are very negative on the financials for SLF, and the only one of the big 4 CAD insurers that has seen a real dumpfest on the Q report. Apparently management has enough confidence in the business to jack the divvies and buyback shares. Looks today might be a good day to start a buyback in earnest..

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Comment by Eastbank on May 10, 2024 7:12pm

Yes, $5 haircut today very disappointing...but perhaps a bit overdone. SLF has some work to do to regain investor confidence...but that divvy increase alone won't cut it.

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