Toronto-Dominion Bank announced on Wednesday its intent to launch a new share repurchase program of up to C$10B, not exceeding 61M common shares. The buybacks are intended to be completed by July 2027. The new program would represent up to 3.74% of the bank's 1,633,130,726 shares issued and outstanding as of August 31. TD Bank completed repurchasing C$7B of shares on September 25 under its existing normal course issuer bid, which is scheduled to expire on January 15, 2027.
Toronto Dominion BankTD Bank announces a new share buyback program of up to C$10B, a shareholder-return/valuation event.
