TSX Approves Toronto-Dominion Bank's Normal Course Issuer Bid

Toronto-Dominion Bank (TD.TO) announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) have approved TD's normal course issuer bid.

TD noted that it intends to launch a new normal course issuer bid to repurchase for cancellation up to 50 million of its common shares. The new normal course issuer bid will commence on January 11, 2022 and end on January 10, 2023.

The maximum number of shares that may be repurchased for cancellation under the bid represents about 2.7% of the 1.82 million common shares issued and outstanding as at December 31, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. air travel industry is going through its worst crisis since the troubled travel time during the peek pandemic struggles, with thousands of flights across the country being cancelled or getting delayed. The aviation crisis, as millions are preparing to travel during the upcoming July 4th holiday weekend, is mainly attributed to the staffing issues at airlines, ... The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for Siluriformes products imported by Carlstadt, New Jersey- based Grand BK Corp. The products were imported from Korea, a country ineligible to export Siluriformes products to the United States. Blount Fine Foods is recalling a limited amount of Panera at Home Southwest Corn Chowder citing undeclared wheat allergen, the U.S. Food and Drug Administration said. The recall involves a single lot of 16 oz. product with UPC Code 077958690812, lot number 042122-2K and "Use By" date of 6/30/22 that comes around 2,569 cases in total. The recall is limited to 1 SKU of 16 oz.
Follow RTT