Toronto-Dominion BankTSX: TD

TD Bank Group Receives Regulatory Approval for New Share Buyback Program

· Issued by Toronto-Dominion Bank via CNW

Summary by 6ix AI

The Office of the Superintendent of Financial Institutions Canada has approved TD Bank Group's previously announced new share buyback program, in which the bank buys its own shares. The program allows TD to repurchase and cancel up to C$10 billion of its common shares, not to exceed 61 million common shares.

Key details

  • The new buyback program will begin on October 9, 2026.
  • TD Bank Group is a bank whose shares trade as TD on the Toronto Stock Exchange and the New York Stock Exchange.

6ix AI wrote this summary from the release below and checked it against the release.

TORONTO, Oct. 8, 2026 /CNW/ - TD Bank Group (TD or the Bank) (TSX: TD) (NYSE: TD) announced today that the Office of the Superintendent of Financial Institutions Canada has approved TD's previously announced new share buyback program to repurchase for cancellation up to C$10 billion of its common shares, not to exceed 61 million common shares (New Buyback). The New Buyback will commence on October 9, 2026.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves 28.2 million clients in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Banking, including TD Auto Finance U.S. and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among North America's leading digital banks, with more than 14 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on July 31, 2026. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange.

SOURCE TD Bank Group

View original content: http://www.newswire.ca/en/releases/archive/October2026/08/c2299.html

View original source (CNW)Toronto-Dominion Bank on 6ix

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