TSX:TDBanks
Should TD’s CA$7 Billion Buyback and Note Redemption Require Action From Toronto-Dominion Bank (TSX:TD) Investors?
Toronto-Dominion Bank recently completed an earlier share repurchase plan totaling CA$8,000 million and on January 16, 2026 announced a new normal course issuer bid to buy back up to 61,000,000 shares, or 3.64% of its share capital, for up to CA$7,000 million, with all repurchased shares to be cancelled.
At the same time, TD moved to redeem CA$1.25 billion of subordinated NVCC notes and reported insider share sales and ETF cash distributions, together highlighting how it is actively...