Manulife Financial Corporation

11:38 AM EST - Manulife Financial Corporation : Today announced two agricultural acquisitions in Fresno County, California, on behalf of investors. The properties include a 500-acre almond, pistachio, and citrus orchard and an approximately 900-acre pistachio orchard. The orchards are favorably located in California's Central Valley, a key U.S. agricultural and tree nut production region, with high-quality water rights. The acquired properties add to an existing 22,500 acres of directly operated pistachio and citrus orchards located throughout California, providing an opportunity to benefit from economies of scale in the region. Manulife Financial Corporation shares T.MFC are trading -$0.02 at $21.84.

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