TD Bank Group (TD) announced that, subject to the completion of its previously announced sale of its entire equity investment in The Charles Schwab Corporation (SCHW), the approval of the Office of the Superintendent of Financial Institutions Canada, and the approval of the Toronto Stock Exchange, it intends to launch a normal course issuer bid to purchase for cancellation up to 100M of its common shares, representing approximately 5.7% of its issued and outstanding common shares and its public float as at October 31, 2024. TD will file a notice of intention with the TSX in this regard.
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