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Bank of Nova Scotia Receives Regulatory Approval for Stock Buyback Plan
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Bank of Nova Scotia Receives Regulatory Approval for Stock Buyback Plan
May 28, 2025 7:35 AM

10:08 AM EDT, 05/28/2025 (MT Newswires) -- Bank of Nova Scotia ( BNS ) said Wednesday it has received approval from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions to repurchase up to 20 million shares, or about 1.6% of its 1.25 billion outstanding shares.

The share buybacks may start on Friday and will continue through May 29, 2026, the bank said.

Bank of Nova Scotia ( BNS ) said the daily purchases will be limited to roughly 1.2 million shares.

Price: 52.42, Change: -0.31, Percent Change: -0.59

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