Sun Life Financial Celebrates 25th Listing Anniversary on Toronto Stock Exchange and 160th Incorporation
On March 18, 2025, Sun Life Financial Inc. (“Sun Life” or the “Company”), a leading international financial services organization, marked two significant milestones in its history. The occasion was marked with a special event at the Toronto Stock Exchange (TSX), where Kevin Strain, President and CEO, and Tim Deacon, Executive Vice-President and CFO, were joined by Lara Donaldson, President and CEO of TSX Trust, TMX Group, to open the market. The event was held to celebrate Sun Life’s 25th listing anniversary on the Toronto Stock Exchange and its 160th anniversary of incorporation.
A Quarter Century on the Toronto Stock Exchange
Sun Life’s listing on the Toronto Stock Exchange on March 23, 1990, marked the beginning of a successful journey for the company on Canada’s premier equities market. Over the past 25 years, Sun Life has grown its presence on the exchange, becoming a leading issuer and a significant contributor to the Canadian capital markets. The Company’s listing anniversary is a testament to its financial strength, strong corporate governance, and commitment to its shareholders.
160 Years of Incorporation and Growth
Founded on May 19, 1865, Sun Life has a rich history spanning over 150 years. The Company began as a small insurance business in Halifax, Nova Scotia, and has since grown into a global financial services organization with operations in more than 30 countries. Sun Life’s success can be attributed to its focus on innovation, customer service, and its ability to adapt to changing market conditions. Today, Sun Life offers a range of products and services, including life insurance, health insurance, wealth management, and retirement solutions, to millions of customers worldwide.
Impact on Individual Investors
For individual investors, Sun Life’s continued growth and success as a publicly traded company is good news. The Company’s strong financial performance and commitment to its shareholders have resulted in consistent dividend increases and a solid track record of share price appreciation. Sun Life’s diversified business model, with operations in various geographies and product offerings, provides investors with a degree of stability and reduced risk.
- Consistent dividend increases: Sun Life has increased its dividend for 16 consecutive years, reflecting its financial strength and commitment to shareholders.
- Solid track record of share price appreciation: Over the past decade, Sun Life’s share price has outperformed the broader market, providing investors with attractive returns.
- Diversified business model: Sun Life’s business model, with operations in various geographies and product offerings, reduces the risk for investors.
Impact on the World
Sun Life’s 160-year history and continued growth as a global financial services organization is a testament to its ability to adapt to changing market conditions and its commitment to its customers. The Company’s success has a ripple effect on the global economy, providing jobs and contributing to the growth of various industries. Additionally, Sun Life’s focus on innovation and customer service has set a standard for the financial services industry.
- Job creation: Sun Life employs over 15,000 people worldwide, contributing to job creation and economic growth in various communities.
- Contribution to the financial services industry: Sun Life’s focus on innovation and customer service has set a standard for the financial services industry, driving competition and improving the overall customer experience.
- Global economic impact: Sun Life’s operations in over 30 countries contribute to the economic growth of various industries and countries.
Conclusion
Sun Life Financial’s 25th listing anniversary on the Toronto Stock Exchange and its 160th anniversary of incorporation are significant milestones in the Company’s rich history. The occasion was marked by a special event at the Toronto Stock Exchange, where Sun Life’s leadership team celebrated the Company’s achievements and looked forward to its future. For individual investors, Sun Life’s strong financial performance and commitment to shareholders provide a degree of stability and attractive returns. On a larger scale, Sun Life’s success as a global financial services organization has a positive impact on the world, contributing to economic growth, job creation, and setting a standard for the financial services industry.
As Sun Life moves forward, it will continue to focus on innovation, customer service, and adapting to changing market conditions. The Company’s commitment to its customers, shareholders, and employees will remain a cornerstone of its success, ensuring that it continues to thrive for another 160 years and beyond.
