TD Bank Group Announces New Share Buyback Program

TD Bank Group announced its intention to launch a new share buyback program to repurchase up to C$10 billion of its common shares, not to exceed 61 million shares, by July 2027. This follows the completion of a C$7 billion share repurchase program on September 25, 2026. The new buyback will commence under the existing normal course issuer bid (NCIB) and will subsequently move to a new TSX NCIB, with potential repurchases also occurring on the New York Stock Exchange and other designated markets. The purchased shares will be cancelled. As of August 31, 2026, the bank had 1,633,130,726 common shares outstanding, representing 3.74% of the total for the new buyback. Capital ratios as of July 31, 2026, were reported, with Common Equity Tier 1 at 14.26%, Tier 1 at 16.12%, Total Capital at 17.90%, and Leverage at 4.55%.