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TD BANK CLEARS REGULATOR FOR $10 BILLION BUYBACK

TD BANK CLEARS REGULATOR FOR $10 BILLION BUYBACK

TD Bank has won approval from Canada's banking regulator, OSFI, for the C$10 billion share buyback it first announced in September. The repurchase covers as much as 3.74% of TD's outstanding shares, starts October 9, and runs through July 2027. Every share $TD retires gets cancelled, shrinking the float and lifting earnings per share.

@55 Markets·2h ago·Source: bnnbloomberg.ca
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Written and verified by @55 Markets from the linked source. Not investment advice.

TD BANK CLEARS REGULATOR FOR $10 BILLION BUYBACK | @55 Markets