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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC
20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
| For the month of: August, 2024 | Commission File Number: 002-09048 |
THE BANK OF NOVA SCOTIA
(Name of registrant)
40 Temperance Street, Toronto, Ontario, M5H 0B4
Attention: Secretary's Department (Tel.: (416) 866-3672)
(Address of 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 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.
SIGNATURES
| THE BANK OF NOVA SCOTIA | ||
| Date: August 30, 2024 | By: | /s/ Meigan Terry |
| Name: Meigan Terry | ||
| Title: SVP, Global Communications |
EXHIBIT INDEX
| Exhibit | Description 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 Scotiabank
Scotiabank'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
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/30/c7695.html
%CIK: 0000009631
For further information: For investor inquiries only: John McCartney, Investor Relations, Scotiabank, john.mccartney@scotiabank.com; For media inquiries only: Clancy Zeifman, Global Communications, Scotiabank, clancy.zeifman@scotiabank.com
CO: Scotiabank
CNW 10:15e 30-AUG-24