Scotiabank expanded buyback of Bank of Nova Scotia stock

Published on 10/14/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter EPS reached CAD 2.27, up from CAD 1.84. Bank of Nova Scotia stock stood at EUR 80.95 on October 14, 2026.

Capital returns and earnings update

Scotiabank raised its buyback ceiling to 40 million shares from 15 million on October 2, 2026.
Third-quarter net income reached CAD 2.78 billion, up 21.00 percent from the prior-year quarter.
Bank of Nova Scotia stock traded at EUR 80.95 at 1:32 p.m. CEST at Lang & Schwarz on October 14, 2026.

BNS, CA0641491075, Illustration mit AI erstellt.

Scotiabank had raised its normal course issuer bid from 15 million to 40 million common shares on October 2, 2026, after approvals from the Toronto Stock Exchange and Canada's banking regulator, according to RTTNews. The amended program became effective October 6, 2026, and permits the cancellation of up to 40 million shares.

Three dates shape the story

On August 26, 2026, third-quarter earnings showed diluted earnings per share of CAD 2.27, up from CAD 1.84 in the third quarter of 2025, while revenue reached CAD 9.46 billion and net income rose to CAD 2.78 billion, up 21.00 percent year over year, according to Simply Wall St.

On August 27, 2026, the bank declared a quarterly dividend of CAD 1.14 per share, with payment scheduled for October 28, 2026, according to MarketBeat. The next earnings date is December 2, 2026, as listed by Simply Wall St.

What does the buyback change?

The larger authorization equals 3.25 percent of approximately 1.23 billion shares outstanding as of March 24, 2026. The company had already repurchased more than 13 million shares by August 31, 2026, and all shares bought under the amended bid are scheduled for cancellation, according to The Globe and Mail.

For investors, the mechanism is straightforward: if the full authorization is used, the share count falls while earnings and dividends are distributed across fewer shares. The counterweight is capital allocation, because every repurchased share represents funds that are not available for balance-sheet growth or other investments.

Stock price and valuation context

The Bank of Nova Scotia had a market capitalization of USD 110.0 billion as of October 13, 2026. Its NYSE 52-week range was USD 63.68 to USD 95.74 on the same finance snapshot, placing the USD 90.19 quote below the high while the euro quote provided the German investor perspective.

Trading in Germany

Bank of Nova Scotia stock was trading at EUR 80.95 at Lang & Schwarz on October 14, 2026 at 1:32 p.m. CEST. The company is listed on the Toronto Stock Exchange and the New York Stock Exchange under BNS, according to The Globe and Mail.

The further course of trading is shown by the continuously updated real-time quote of Bank of Nova Scotia stock.