RE:BNS has an NCIB in place. It is time to use it. BNS has an NCIB in place. It is time to use it.
Actually BNS is doing the opposite of an NCIB, now issuing DRIP dividends as new shares from treasury. With 1.19 billion share count that means some amount of re-capitalization money and accompanying dilution for shareholders.
Scotiabank Announces Dividend on Outstanding Shares
Earnings growth will be key to increasing the stock price.