TORONTO (Reuters) - Sun Life Financial Inc, Canada’s No. 3 insurer, intends to be active with the share buy back plan it unveiled with its third-quarter earnings, its chief financial office said on Thursday.
“We intend to be active with it, absolutely,” Chief Financial Officer Colm Freyne told analysts on a conference call.
Sun Life said on Wednesday its board had authorized the purchase of up to 9 million common shares through a normal course issuer bid.
Reporting by Jeffrey Hodgson