Bank of Nova Scotia Reduces Stake in JELD-WEN Holding, Inc. to 3.41%

The Bank of Nova Scotia filed a Schedule 13G/A on June 5, 2026, disclosing a significant reduction in its stake in JELD-WEN Holding, Inc. (JELD). As of the event date on May 29, 2026, the filer reported beneficial ownership of 2,934,229 shares of common stock, representing a 3.41% ownership interest. This reflects a substantial decrease from the previous reporting period, where the bank held 9,328,981 shares, or approximately 10.81% of the company. The filing indicates that The Bank of Nova Scotia maintains sole voting and dispositive power over all 2,934,229 shares. Because the ownership percentage has fallen below the 5% threshold, the filer has checked the box in Item 5 indicating they have ceased to be a beneficial owner of more than five percent of the class of securities. The transaction marks a major divestment by the Canadian-based financial institution, which is filing as a parent holding company under Rule 13d-1(b). The filing was signed by Raj Sachdeva, Vice President and Head of GBM&T Compliance Canada.