The Bank of Nova Scotia (BNS.TO)
- CNW Group
Scotiabank joins Concacaf as official and founding partner of the inaugural Concacaf W Champions Cup
Scotiabank has joined Concacaf as an official and founding partner of the first women's continental football club competition in the region, the Concacaf W Champions Cup. The tournament, which is now at group stage round, features 11 teams from Concacaf's member associations, including Canada's Vancouver Whitecaps. Scotiabank's support is a continuation of the Bank's long-standing sponsorship agreement with Concacaf that began 10 years ago.
- GuruFocus.com
Bank of Nova Scotia's Strategic Reduction in Manulife Financial Corp Holdings
On December 29, 2023, Bank of Nova Scotia executed a significant transaction involving its holdings in Manulife Financial Corp (NYSE:MFC), marking a strategic adjustment in its investment portfolio. This move adjusted Bank of Nova Scotia's total shares in Manulife to 22,763,139, representing a 1.35% position in its portfolio and a 1.26% stake in the company. Bank of Nova Scotia, headquartered at 44 King Street West, Toronto, is a prominent financial institution known for its robust investment strategies.
- GuruFocus.com
Bank of Nova Scotia's Strategic Acquisition in Manulife Financial Corp
On December 30, 2022, Bank of Nova Scotia significantly increased its stake in Manulife Financial Corp (NYSE:MFC), adding 64,833,043 shares. This transaction, priced at $17.84 per share, escalated the firm's total holdings to 93,297,277 shares, marking a substantial impact of 3.62% on its portfolio. This move not only increased the firm's position in Manulife to 5.27% but also underscored a strategic enhancement in its financial services sector allocation.
