The Toronto Stock Exchange reports that Bank of Nova Scotia's non-cumulative floating rate preferred shares, Series 23 (BNS.PR.C), will be delisted at the close on Jan. 28, 2019. According to the TSX, Scotiabank will redeem the Series 22 shares on Jan. 28, 2019, for $25 per share.
The TSX reports that the redemption price payable will not include any amount for accrued and unpaid dividends. The final quarterly dividend of 21.5885 cents per share for the period from Oct. 26, 2018, to and including Jan. 25, 2019, will be paid separately from the redemption price on Jan. 28, 2019, to the shareholders of record on Jan. 2, 2019.
For more information, see Scotiabank's news release dated Dec. 21, 2018.
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