National Bank of Canada Intends to Launch a Normal Course Issuer Bid

08:26 AM EDT, 09/25/2026 (MT Newswires) -- National Bank of Canada's (NA.TO) board authorized a normal course issuer bid to buy back for cancellation up to 10-million of its issued and outstanding common shares, for a maximum of CA$2.25 billion, it said in a statement on Friday. The issued and outstanding common shares represent about 2.6% of the 382.8-million common shares issued and outstanding on Sept. 1, it said. The company expects the bid to begin on or around Oct. 9, 2026, and to end at the latest on or around Oct. 8, 2027. Shares of the company closed down 0.2% to CA$209.4 on Thursday on the Toronto Stock Exchange.