TORONTO, Aug. 8, 2023 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") announced today that, subject to the approval of the Office of the Superintendent of Financial Institutions ("OSFI") and the Toronto Stock Exchange (the "TSX"), it intends to launch a normal course issuer bid to purchase up to 17,000,000 of its common shares (representing approximately 2.9% of the 586,902,472 common shares issued and outstanding as at June 30, 2023) (the "NCIB"). The Company will file a notice of intention with the TSX in this regard.