The Bank of Nova Scotia Buyback
OLI recorded this information on 5/28/2019
Company:
The Bank of Nova Scotia
Buyback:
BNS buyback
Share Amount Authorized:
24,000,000
Buyback Details:
The Bank of Nova Scotia ("Scotiabank") (TSX, NYSE: "BNS") announced today its intention to seek Toronto Stock Exchange ("TSX") approval for a normal course issuer bid to purchase up to 24 million of its Common Shares. This represents approximately two per cent of the Common Shares issued and outstanding as of May 24, 2019.
The Bank of Nova Scotia is a financial services provider providing products and services, including commercial, corporate and investment banking. Co. has four segments: Canadian Banking, which includes Retail Banking and Business Banking; International Banking, which has a franchise that serves its Retail, Corporate and Commercial customers and is focused on the Pacific Alliance countries of Mexico, Colombia, Peru and Chile; Global Banking and Markets, which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets; and Global Wealth Management, which is focused on delivering wealth management advice and solutions to clients.
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Avg. Broker Rec.
  
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Buy (2.78 out of 4) 20th percentile
(ranked lower than approx. 80% of all stocks covered)
Analysts' Target Price: BNS Stock Forecast Based on Zacks ABR data; powered by Xignite |
