Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) announces an Equity Buyback for 1,203,287 shares, representing 10% of its issued share capital.
July 10, 2019 at 12:00 am EDT
Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) announces a share repurchase program. Under the bid, the company will repurchase up to 1,203,287 Class A units, representing 10% of its issued and outstanding units. All the units purchased under the bid will be cancelled. The bid will commence on July 12, 2019, and will end on July 11, 2020. As of June 27, 2019, the company had 12,032,877 Class A units issued and outstanding.