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TD Bank Group Announces Intention to Purchase for Cancellation up to 61 Million of its Common Shares

Newswire.ca - Wed Jan 7, 6:00PM CST

TORONTO, Jan. 7, 2026 /CNW/ - TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) announced today that upon the completion of the repurchase for cancellation of $8 billion of its common shares under its existing normal course issuer bid, it intends to terminate its existing normal course issuer bid and, subject to the approval of (i) the Office of the Superintendent of Financial Institutions Canada, and (ii) the Toronto Stock Exchange ("TSX"), it intends to launch a new normal course issuer bid to repurchase for cancellation up to $7 billion of its common shares, not to exceed 61 million common shares. This new normal course issuer bid represents up to 3.63% of the 1,678,704,548 common shares issued and outstanding as at December 31, 2025. TD will file a notice of intention with the TSX in this regard.

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