SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month
of February 2018 |
Commission File Number: 001-15014 |
SUN LIFE FINANCIAL INC.
(the "Company")
(Translation of registrant's name into English)
1
York Street, 31st Floor, Toronto, Ontario, M5J 0B6
(Address of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):____
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Sun
Life Financial Inc.
(Registrant) |
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Date: February
14, 2018 |
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By: |
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/s/
“Gavin Sinclair” |
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Gavin Sinclair |
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Vice President and Associate General Counsel
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Exhibit 99.1
Sun Life Announces Share Repurchase Program as Part of
Normal Course Issuer Bid
TORONTO, Feb. 14, 2018 /CNW/ - Sun Life Financial Inc. ("Sun
Life") (TSX: SLF) (NYSE: SLF) announced today that it intends to purchase common shares for cancellation pursuant to a share
repurchase program (the "Program"). The Program will form part of Sun Life's normal course issuer bid announced
on August 9, 2017, which provides authorization for the purchase of up to 11,500,000 common shares during the 12-month period beginning
on August 14, 2017 and ending on August 13, 2018 (the "NCIB").
Sun Life has entered into a program agreement (the "Agreement")
with a third party to repurchase common shares through daily purchases that will take place between February 20, 2018 and the earlier
of August 13, 2018 and the date on which Sun Life will have purchased 3,230,000 common shares from the third party under the Program.
The purchases will be made pursuant to an issuer bid exemption order issued by the Ontario Securities Commission (the "Order").
The price that Sun Life will pay for any common shares purchased by it from the third party will be negotiated by Sun Life and
the third party, and will be at a discount to the volume weighted average trading price of the common shares on the Canadian markets
on the date of the purchase.
Sun Life currently intends to purchase the maximum of 3,230,000
common shares under the Program. However, the number of common shares actually purchased may be less than the Program maximum if,
among other things, it is not possible to purchase common shares within the price range established by Sun Life during the term
of the Program, if trading is suspended, or as a result of other market factors. A news release setting out the number of common
shares acquired by Sun Life under the Program and the aggregate dollar amount paid for such common shares will be issued and filed
immediately following the completion of the Program.
Pursuant to the terms of the Agreement and the Order, all
common shares purchased by Sun Life from the third party will be cancelled. Sun Life will be prohibited from purchasing any other
common shares during the term of the Program.
Forward-Looking Statements
From time to time, Sun Life makes written or oral forward-looking
statements within the meaning of certain securities laws, including the "safe harbour" provisions of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements contained
in this news release include (i) statements relating to our normal course issuer bid, (ii) statements that are predictive in nature
or that depend upon or refer to future events or conditions, and (iii) statements that include words such as "intend",
"may", "will" and similar expressions. Forward-looking statements include the information concerning our possible
or assumed future results of operations. These statements represent our current expectations, estimates and projections regarding
future events and are not historical facts. Forward-looking statements are not a guarantee of future performance and involve risks
and uncertainties that are difficult to predict. Future results and shareholder value may differ materially from those expressed
in these forward-looking statements due to, among other factors, the matters set out in Sun Life's most recently filed Annual Information
Form and Management's Discussion and Analysis, and other filings with Canadian and U.S. securities regulators, which are available
for review at www.sedar.com and www.sec.gov, respectively.
Sun Life does not undertake any obligation to update or revise
its forward-looking statements to reflect events or circumstances after the date of this news release or to reflect the occurrence
of unanticipated events, except as required by law.
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life Financial
has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the
Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2017,
Sun Life Financial had total assets under management of $975 billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York
(NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact:
Irene Poon
Manager
Corporate Communications
T. 647-256-2596
irene.poon@sunlife.com
Investor Relations Contact:
Greg Dilworth
Vice-President
Investor Relations
T. 416-979-6230
investor.relations@sunlife.com
SOURCE Sun Life Financial Inc.
View original content: http://www.newswire.ca/en/releases/archive/February2018/14/c8075.html
%CIK: 0001097362
CO: Sun Life Financial Inc.
CNW 17:31e 14-FEB-18
This regulatory filing also includes additional resources:
ex991.pdf
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