By Colin Kellaher
Bank of Nova Scotia has regulatory approval to buy back up to 15 million of shares.
Scotiabank on Thursday said the new buyback will begin on April 7 and represents about 1.2% of its more than 1.23 billion shares outstanding as of March 24.
The Toronto-based bank, which sports a market capitalization topping 120 billion Canadian dollars ($86.48 billion), said it shelled out nearly C$1.81 billion to buy back 20 million shares under its most-recent repurchase program.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
04-02-26 0637ET


















