National Bank launches a buyback for National Bank of Canada stock stock? no

Published on 10/21/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The bid covers 10 million shares and CAD 2.25 billion. National Bank of Canada stock costs EUR 129.05 on October 21, 2026.

Buyback and quarterly performance

National Bank approved a 10,000,000-share buyback on October 6, 2026.
Adjusted third-quarter earnings per share reached CAD 3.39 in fiscal 2026.
National Bank of Canada stock traded at EUR 129.05 at 11:50 a.m. CEST at Lang & Schwarz on October 21, 2026.

National Bank of Canada, CA6330671034, Illustration mit AI erstellt.

National Bank of Canada (ISIN CA6330671034) is trading at EUR 129.05 at Lang & Schwarz on October 21, 2026, at 11:50 a.m. CEST. The latest capital-allocation decision is a new normal course issuer bid approved on October 6, 2026, according to Canada Newswire.

Buyback sets a capital signal

The program allows National Bank to repurchase and cancel up to 10,000,000 common shares for a maximum CAD 2.25 billion. That equals 2.6 percent of the 381,739,059 common shares outstanding on September 25, 2026, while the program runs from October 8, 2026, to October 7, 2027, Canada Newswire reported.

The bank bought back 12,816,132 shares for approximately CAD 2.4 billion under its previous program, which ended on September 24, 2026. The new authorization therefore continues a visible capital-return policy, while the actual pace of purchases will depend on future market conditions.

What does the latest quarter show?

In the third quarter of fiscal 2026, adjusted earnings per share were CAD 3.39, up 26 percent from the prior year, while revenue increased 18 percent. Return on equity reached 16.8 percent and the common equity tier 1 ratio stood at 13.51 percent, according to Yahoo Finance on August 26, 2026.

Three dates trace the capital story

On August 26, 2026, National Bank reported adjusted third-quarter earnings per share of CAD 3.39. On September 24, 2026, its previous buyback ended after 12,816,132 shares had been repurchased. On October 6, 2026, the bank announced the new 10,000,000-share authorization.

Which dates come next?

The investor-relations calendar lists December 4, 2026, for the fourth-quarter 2026 earnings release and conference call. The current buyback is scheduled to end on October 7, 2027, according to National Bank.

Stock context for investors

National Bank has a market capitalization of CAD 78.8 billion as of October 20, 2026. Its shares are listed on the Toronto Stock Exchange under the ticker NA, and the bank operates in personal and commercial banking, wealth management, capital markets, and U.S. specialty finance and international activities.

National Bank of Canada stock was trading at EUR 129.05 at Lang & Schwarz on October 21, 2026, at 11:50 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of National Bank of Canada stock.