Scott Hartz, a Senior Officer, disposed of 101,831 Common Shares on a direct ownership basis at a price of $24.895 on February 16th, 2021. This represents a $2,535,052 divestment of the company's shares and an account share holdings change of -64.5%.
In addition, on the same day seven other insiders also reported dumping stock into the public market at the same price.
Manulife Financial is in the Life & Health Insurance Sub Industry Group under the Financials Sector.
Manulife Financial Corporation is a holding company of The Manufacturers Life Insurance Company (MLI), a Canadian life insurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States. The Company operates as Manulife in Canada and Asia, and as John Hancock in the United States. The Company's segments include Asia, Canada, U.S., Global WAM, and Corporate and Other. The product and service offerings under its segments include Wealth and asset management businesses (Global WAM), and Insurance and annuity products (Asia, Canada and the U.S.). Wealth and asset management businesses include mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products.
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