Manufacturers Life Insurance Company Acquires Stake in ePlus Inc.
What happened
Manufacturers Life Insurance Company acquired a stake in ePlus Inc. on October 14, 2026. Separately, ePlus Inc. reported quarterly revenue of $649.11 million, which surpassed analyst expectations of $639.95 million, and posted $1.28 earnings per share.
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Why it matters
The acquisition establishes an ownership relationship between Manufacturers Life Insurance Company and ePlus Inc. This investment could influence ePlus Inc.'s strategic direction and market valuation, given the company's recent financial performance.
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Who's involved
- Manufacturers Life Insurance CompanyAcquired a stake in ePlus Inc.
- eplus Inc.Software maker whose stock was acquired
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Manufacturers Life Insurance CompanySpeculative
Manufacturers Life Insurance Company might see its asset portfolio increase due to the direct investment in ePlus Inc. stock
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The entities involved
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Manufacturers Life Insurance Company
business
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eplus Inc.
Japanese company
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Related events
- Manufacturers Life Insurance Company holds shares in a US materials ETF.
- The Manufacturers Life Insurance Company filed Form 13F with the SEC on June 6, 2026, after purchasing shares of an ETF listed on Nasdaq.
- Manufacturers Life Insurance Company invested in a U.S. technology ETF on October 6, 2026.
- Manufacturers Life Insurance and Amundi increased their stakes in Pembina Pipeline, which subsequently filed a Form 13F with the SEC.
- Manufacturers Life Insurance Company, Captrust, Ifrah, Bank of America, Assetmark, and BNY Mellon increased their positions in the iShares 1-3 Year Treasury Bond ETF.