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Market Impact: 0.32
The Bank Of Nova Scotia Expands Share Buyback Program To 40 Mln
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Banking & LiquidityRegulation & Legislation
Bank of Nova Scotia increased its normal course issuer bid authorization to 40 million shares from 15 million, a 167% expansion, following approval from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions. The enlarged buyback program signals greater capital-return capacity and could provide support for BNS shares.
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moderately positive
Sentiment Score
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BNS0.65
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