John Hancock Financial Opportunities Fund (NYSE: BTO) announces a share repurchase program. Under the program, the company will repurchase its own shares, representing 10% of its outstanding common shares. The purpose of the program is to enhance shareholder value and potentially decrease the discount between the market price and the net asset value per share ("NAV") of the Funds' common shares.

. The repurchases will commence on January 1, 2023 and will end by December 31, 2023.