6-K
Bank Of Nova Scotia (BNS)
UNITEDSTATESSECURITIES AND EXCHANGE COMMISSION Washington, DC20549
Form6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
| For<br> the month of: August, 2024 | Commission<br>File Number: 002-09048 |
|---|
THE BANK OF NOVA SCOTIA
(Name of registrant)
40Temperance Street, Toronto, Ontario, M5H 0B4
Attention:Secretary's Department (Tel.: (416) 866-3672)
(Addressof Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F Form 40-F X
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| THE BANK OF NOVA SCOTIA | ||
|---|---|---|
| Date: August 30, 2024 | By: | /s/<br> Meigan<br> Terry |
| Name: Meigan Terry | ||
| Title: SVP, Global Communications |
EXHIBITINDEX
| Exhibit | Description<br> of Exhibit |
|---|---|
| 99.1 | News Release dated August 30, 2024 |
Exhibit 99.1
Scotiabank Completes 4.9% Initial Investment in KeyCorp
TORONTO, Aug. 30, 2024 /CNW/ - Scotiabank announced today that it has completed its acquisition of approximately 4.9% pro-forma ownership stake in KeyCorp through newly issued common shares at a price of US$17.17 per share. The cash consideration is approximately US$0.8 billion.
Scotiabank previously announced on August 12, 2024, that it had entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp. Subject to regulatory approvals, the additional investment of approximately 10% (for a total pro-forma ownership of approximately 14.9%) is expected to close in fiscal 2025.
About ScotiabankScotiabank's vision is to be our clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as at July 31, 2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on X @Scotiabank.
SOURCE Scotiabank
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%CIK: 0000009631
For further information: For investor inquiries only: John McCartney, Investor Relations, Scotiabank, [email protected]; For media inquiries only: Clancy Zeifman, Global Communications, Scotiabank, [email protected]
CO: Scotiabank
CNW 10:15e 30-AUG-24