Scotiabank lifts buyback to 40 million shares and Scotiabank stock yields 3.50 percent

Published on 10/12/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scotiabank will pay CAD 1.14 per share on October 28, 2026. Scotiabank stock costs EUR 78.71 on October 12, 2026 in trading.

Key points in brief

Scotiabank expanded its normal course issuer bid from 15 million to 40 million shares on October 2, 2026.
The amended authorization represents 3.25 percent of shares outstanding and took effect on October 6, 2026.
Scotiabank stock was trading at EUR 78.71 at Lang & Schwarz on October 12, 2026 at 11:01 a.m. CEST.
Third-quarter 2026 adjusted diluted earnings per share reached CAD 2.28, up from CAD 1.88 a year earlier.

BNS, CA0641491075, Illustration mit AI erstellt.

Scotiabank lifted its normal course issuer bid from 15 million to 40 million shares on October 2, 2026, while Scotiabank stock yielded 3.50 percent in the latest reported market context. Scotiabank said the amended authorization became effective on October 6, 2026. The higher limit represents 3.25 percent of 1,231,433,660 common shares outstanding as of March 24, 2026.

Three dates define the capital return

On August 25, 2026, Scotiabank reported fiscal third-quarter revenue of CAD 10.54 billion, up 11.00 percent from CAD 9.49 billion a year earlier, while adjusted return on equity reached 14.20 percent. StockNext also reported adjusted diluted earnings per share of CAD 2.28, compared with CAD 1.88 in fiscal third-quarter 2025.

On October 2, 2026, the bank announced the expanded buyback, and on October 6, 2026, the 40 million share ceiling became effective. As of August 31, 2026, Scotiabank had already repurchased 13,044,315 shares under the existing authorization, according to Scotiabank.

What does the buyback change mean?

The authorization gives the bank room to cancel up to 40 million common shares, although the final number will depend on market conditions and management decisions. That ceiling is 25 million shares higher than the previous limit, while the company said daily purchases will generally be limited to 1,114,002 shares outside block-purchase exceptions.

Dividend and results dates

Scotiabank declared a CAD 1.14 quarterly dividend, payable on October 28, 2026, with the ex-dividend date listed as October 6, 2026. Simply Wall St lists the next payment date and a 3.50 percent trailing yield.

The next reporting date is December 2, 2026, for the fiscal fourth quarter, according to TradingView. The scheduled report will show whether the stronger third-quarter earnings trend is continuing after the buyback expansion.

Scotiabank stock at Lang & Schwarz

Scotiabank stock was trading at EUR 78.71 at Lang & Schwarz on October 12, 2026 at 11:01 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Scotiabank stock.