Scotiabank amends buyback plan to repurchase 40 million shares

Authorized share repurchase limit increased from 15 million to 40 million. New cap represents approximately 3.25% of issued and outstanding shares. Effective date of amended bid is October 6, 2026. Daily purchase limit set at 1,114,002 shares based on prior volume.

Scotiabank Q3 Adj. EPS $2.28 Beats Estimate, ROE Hits 14.2% Target

Scotiabank Q3 adjusted EPS hit $2.28, beating estimates by 9%. Return on equity reached 14.2%, surpassing medium-term targets. Quarterly sales rose 11% YoY to $10.535 billion. Positive operating leverage maintained for 10th consecutive quarter.