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Amendment No. 1 to Schedule 13G reports that The Bank of Nova Scotia (BNS) beneficially owns 4,435,820 common shares of JELD-WEN Holding, Inc. (JELD) as of 30 June 2025. The position equals 5.2003 % of JELD’s outstanding stock, triggering the 5 % disclosure requirement. BNS claims sole voting and sole dispositive power over the entire stake; no shared powers or group affiliations are identified.
The filing is made under Rule 13d-1(b) for a financial institution (“FI”) and certifies that the shares are held in the ordinary course of business with no intention to influence control. The document is signed by Raj Sachdeva (Vice President, GBM&T Compliance Canada) on 23 July 2025. No subsidiaries, control persons, or special arrangements are disclosed.
Key take-away: a large, passive institutional investor now owns just over 5 % of JELD, signaling external confidence but providing limited immediate governance impact.