Scotiabank increases share repurchase authorization to 40 million shares
TSX and OSFI approved the amendment, allowing Scotiabank to buy back up to 40 million common shares for cancellation starting October 6, 2026.
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Multinational banking and financial services institution
scotiabank.comLast updated
In short: Scotiabank planned a risk transfer tied to around US$2 billion in loans.
TSX and OSFI approved the amendment, allowing Scotiabank to buy back up to 40 million common shares for cancellation starting October 6, 2026.
The bank issued CAD $750 million in notes aligned with Canada's security priorities and Sustainable Fitch standards.
Financial results will be issued at 6:00 a.m. ET, followed by a conference call at 8:15 a.m. ET on the same day.
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