TD Bank to Buy Back and Cancel Up to 61 Million Common Shares

Reuters
2026.01.08 11:02
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Toronto-Dominion Bank (TD) plans to buy back and cancel up to 61 million common shares, following its previous repurchase of $8 billion worth of shares. The new normal course issuer bid, subject to regulatory approvals, will allow TD to repurchase up to $7 billion of its common shares, representing 3.63% of its issued shares as of December 31, 2025. All repurchased shares will be cancelled.