TD Bank intends to repurchase for cancellation up to 90M common shares

TD Bank Group announced that upon the completion of the repurchase for cancellation of 30M of its common shares under its existing normal course issuer bid, it intends to terminate its existing normal course issuer bid and, subject to the approval of the Office of the Superintendent of Financial Institutions Canada and the Toronto Stock Exchange, it intends to launch a new normal course issuer bid to repurchase for cancellation up to 90M of its common shares, representing approximately 4.9% of the 1,827,456,863 common shares issued and outstanding as at July 31, 2023. TD will file a notice of intention with the TSX in this regard.