Post by
yetta on Jun 16, 2016 12:21pm
Manulife dipping toe in the water?
Hmmmm, 312,000 shares (as of 12:06pm) picked up by Manulife today (70% of today's vol so far). I haven't noticed this buyer in the name before. Interesting.
Comment by
mohsin6 on Jun 16, 2016 2:47pm
good observation!! it shows its not a private investor its got to be an institution fund .
Comment by
Tradesies on Jun 16, 2016 3:55pm
Long Run Employees are allowed to attribute up to 10% of their salary, matched 1.5X, towards a corporate savings plan managed by Manulife. This includes purchasing LRE shares in RRSP, TFSA and Non-registered savings accounts. This has happened twice a month every month for years.
Comment by
yetta on Jun 16, 2016 4:12pm
I looked back over 3 months of trading. First time Manulife code showed up here.
Comment by
Tradesies on Jun 16, 2016 5:26pm
Anything under Standardlife prior? May have just been under some other code, but I know employee shares are purchased around the 15th and 30/31st of every month through manulife.