20:49:56 EDT Mon 23 May 2022
Enter Symbol
or Name
USA
CA



Toronto-Dominion Bank
Symbol TD
Shares Issued 1,856,191,620
Close 2015-12-02 C$ 55.05
Recent Sedar Documents

TD Bank to buy back up to 9.5 million shares

2015-12-03 07:09 ET - News Release

Mr. Rudy Sankovic reports

TD BANK GROUP ANNOUNCES INTENTION TO REPURCHASE FOR CANCELLATION UP TO 9.5 MILLION OF ITS COMMON SHARES

Toronto-Dominion Bank, subject to the approval of the Office of the Superintendent of Financial Institutions Canada and the Toronto Stock Exchange, intends to launch a normal course issuer bid through the facilities of the TSX, as well as through other designated exchanges and published markets in Canada to repurchase for cancellation up to 9.5 million of its common shares, representing approximately 0.5 per cent of the common shares currently issued and outstanding. On Oct. 31, 2015, there were 1,856,191,620 common shares issued and outstanding. TD will file a notice of intention with the TSX in this regard.

TD may commence purchases under the bid, continuing for up to one year, after the TSX has accepted the notice of intention, which TD anticipates may be as early as December, 2015.

As at Oct. 31, 2015, the bank's common equity Tier 1, Tier 1 and total capital ratios were 9.9 per cent, 11.3 per cent and 14.0 per cent, respectively. TD made the decision to launch the bid in light of its demonstrated ability to generate capital and has now allocated roughly $500-million in capital for share repurchases under the bid.

We seek Safe Harbor.

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