National Bank launches a CAD 2.25 billion buyback of National Bank of Canada stock
Published on 10/26/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital return and earnings
- National Bank launched a CAD 2.25 billion share buyback on October 6, 2026.
- Third-quarter results included CAD 2.43 earnings per share and CAD 2.89 billion in revenue.
- National Bank of Canada stock traded at EUR 131.10 at 11:14 a.m. CET at Lang & Schwarz on October 26, 2026.
National Bank of Canada (ISIN CA6330671034) launched a CAD 2.25 billion share buyback on October 6, 2026, according to Financial Times. The bank's stock was trading at EUR 131.10 at Lang & Schwarz on October 26, 2026, at 11:14 a.m. CET.
Buyback sets capital context
The normal course issuer bid covers up to 10,000,000 common shares and represents approximately 2.6 percent of the 381,739,059 shares outstanding on September 25, 2026, the Financial Times reported. The program runs from October 8, 2026, until October 7, 2027, at the latest.
Three dated stock events
On August 21, 2026, Barclays raised its target from CAD 188.00 to CAD 220.00, while on August 27, 2026, TD cut its target from CAD 227.00 to CAD 226.00, according to MarketBeat. The current event was the CAD 2.25 billion buyback announced on October 6, 2026.
What did earnings show?
National Bank's latest reported quarter delivered CAD 2.43 in earnings per share against a CAD 2.32 consensus estimate and revenue of CAD 2.89 billion against CAD 2.75 billion expected, MarketBeat reported on October 24, 2026. The result gives the buyback a stronger earnings backdrop than a capital action viewed in isolation.
Dates and price context
National Bank's investor-relations calendar lists the next quarterly earnings release and conference call for December 4, 2026, on the National Bank of Canada investor-relations page. The bank operates across personal and commercial banking, wealth management, financial markets and U.S. specialty finance.
Stock price stays in view
The buyback sets a defined capital-return figure, while the quarterly result supplies the operating comparison for investors assessing the stock. National Bank of Canada was trading at EUR 131.10 at Lang & Schwarz on October 26, 2026, at 11:14 a.m. CET.
The further course of trading is shown by the continuously updated real-time quote of National Bank of Canada stock.
National Bank of Canada stock facts
- Company: National Bank of Canada
- ISIN: CA6330671034
- Ticker: NA
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 26, 2026, 11:14 a.m. CET): EUR 131.10
- Market capitalization: CAD 79.4 billion (as of October 23, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
Market context: Market report S&P/TSX Composite.
