National Bank Receives OSFI Approval For Share Buyback
MT newswire2026/10/06 16:0012:00 PM EDT, 10/06/2026 (MT Newswires) -- National Bank (NA.TO) received Office of the Superintendent of Financial Institutions approval to conduct its normal course issuer bid (NCIB), the bank said on Tuesday. National Bank may buy back up to 10 million of its shares, at a maximum cost of CA$2.25 billion. The NCIB will run from Oct. 8 for one year. In its most recent normal course issuer bid NCIB, which ended on Sept. 24, the bank bought back 12.8-million shares out of the maximum 14.5-million permitted for CA$2.4 billion in total. National Bank shares were last seen up CA$1.65 to CA$204.30 on the Toronto Stock Exchange. Price: 204.17, Change: +1.52, Percent Change: +0.75
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