TSX:TDBanks
TD’s New Buyback and Debt Redemption Plan Might Change The Case For Investing In Toronto-Dominion Bank (TSX:TD)
In January 2026, Toronto-Dominion Bank announced it had completed a C$8,000 million share repurchase program and launched a new normal course issuer bid to cancel up to 61,000,000 additional shares by January 2027, while also declaring its intention to redeem C$1.25 billion of subordinated NVCC notes due 2031 on March 4, 2026.
Together, the fresh buyback authorization and planned redemption of subordinated debt highlight TD’s current focus on adjusting its capital structure and share...