The Toronto-Dominion Bank Receives Regulatory Approval for Normal Course Issuer Bid

TORONTO, Jan. 16, 2026 /CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) announced today that the Toronto Stock Exchange (the "TSX") and the Office of the Superintendent of Financial Institutions Canada have approved TD's previously announced new normal course issuer bid  to repurchase for cancellation up to $7 billion of its common shares, not to exceed 61 million common shares (the "New Bid"). TD has completed its previously announced repurchase for cancellation of $8 billion of its common shares under its existing normal course issuer bid and has terminated its existing normal course issuer bid. The New Bid will commence on January 20, 2026, and terminate on (A) the earliest to occur of: (i) January 15, 2027; (ii) the date on which the aggregate purchase cost of common shares purchased equals $7 billion; and (iii) the date on which the maximum number of common shares purchasable is reached; or (B) such earlier date as TD may determine.