Bank of Nova Scotia Acquires 10.81% Stake in JELD-WEN Holding, Inc.

On April 8, 2026, The Bank of Nova Scotia filed a Schedule 13G disclosing a new substantial position in JELD-WEN Holding, Inc. (JELD). As of the event date on March 31, 2026, the filer reported beneficial ownership of 9,328,981 shares of common stock, representing a 10.81% ownership stake in the company. This filing marks an increase from a previously reported 0.0% position, establishing The Bank of Nova Scotia as a significant institutional shareholder. The filing indicates that the shares are held with sole voting and dispositive power over the entire 9,328,981 share block. The Bank of Nova Scotia, a Canadian-based financial institution, filed under Rule 13d-1(b) as a parent holding company. The reporting person certified that the foreign regulatory scheme applicable to their operations is substantially comparable to U.S. standards. This move signifies a major new investment by the bank into the Charlotte-based building products manufacturer.