Scotiabank to Repurchase Up to 40 Million Shares in Amended Normal Course Issuer Bid

06:38 AM EDT, 10/02/2026 (MT Newswires) -- The Bank of Nova Scotia (BNS.TO) plans to repurchase as many as 40 million shares, increasing the amount from the prior 15 million in an amended normal course issuer bid, it said Friday. The increase received approval from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions, the bank said. The amendment is effective from Oct. 6 and represents about 3.25% of issued and outstanding common shares as of March 24, Scotiabank said. As of Aug. 31, Scotiabank had bought 13.04 million shares under the bid, it said.