TD Bank Announces New C$10B Stock Buyback Program Not To Exceed 61M Shares; Intends To Complete Buyback By July 2027
9/30/2026
Impact: 75
Financial Services
TD Bank has announced a new C$10 billion stock buyback program, which will not exceed 61 million shares, and aims to complete the buyback by July 2027. This follows the completion of a previous repurchase of C$7 billion, involving 47.2 million shares, under its existing normal course issuer bid (NCIB) that began in January 2026. The new buyback will represent up to 3.74% of the Bank's total outstanding shares as of August 31, 2026, and all purchased shares will be cancelled.
AI summary, not financial advice
Share: