TD Bank approved CAD 10 billion buyback as TD Bank stock is valued at USD 196.8 billion

Published on 10/13/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Bank stock costs EUR 104.76 on October 13, 2026 against a USD 196.8 billion value. The buyback covers CAD 10.00 billion.

TD Bank approved a CAD 10.00 billion share buyback on October 8, 2026.
The program covers up to 61.00 million common shares and began on October 9, 2026.
TD Bank stock was EUR 104.76 at Lang & Schwarz on October 13, 2026, while market capitalization was USD 196.8 billion as of October 12, 2026.
Third-quarter 2026 net income reached CAD 4.62 billion, compared with CAD 3.30 billion a year earlier.

TD, CA8911605092, Illustration mit AI erstellt.

TD Bank stock was trading at EUR 104.76 at Lang & Schwarz on October 13, 2026 at 11:54 a.m. CEST. On October 8, 2026, TD Bank Group announced regulatory approval for a CAD 10.00 billion buyback, while the bank's market capitalization stood at USD 196.8 billion as of October 12, 2026. The program is capped at 61.00 million common shares.

Three milestones shaped the stock

On August 27, 2026, TD reported third-quarter adjusted earnings per share of CAD 2.77 and record net income of CAD 4.70 billion, according to Yahoo Finance. The same transcript states that revenue grew 8.00 percent year over year and return on equity reached 16.00 percent in the quarter.

On September 25, 2026, TD announced a CAD 150.00 billion, five-year commitment covering lending, underwriting, advisory services and other financing activities, as reported by The Globe and Mail. On October 8, 2026, the approved buyback became the latest capital-return milestone.

What does the buyback change?

The authorization allows TD to repurchase and cancel up to 61.00 million shares, equal to 3.74 percent of issued and outstanding shares as of August 31, 2026, according to TD Bank Group. The program began on October 9, 2026, but the maximum authorization is not a guarantee that all CAD 10.00 billion will be spent.

For shareholders, the arithmetic is straightforward: fewer shares can increase the share of future earnings represented by each remaining share. That effect depends on the eventual purchase pace and price, while the bank continues to manage capital against lending growth and regulatory requirements.

Dates investors can track

TD's investor-relations calendar lists December 3, 2026, for the Q4 2026 conference call and records the Q3 2026 conference call on August 27, 2026, at 9:30 a.m. ET. The same calendar also lists the September 15, 2026, Barclays Global Financial Services Conference, according to TD Bank.

At Lang & Schwarz, TD Bank stock was trading at EUR 104.76 on October 13, 2026 at 11:54 a.m. CEST. The Toronto-Dominion Bank trades on the Toronto Stock Exchange and the New York Stock Exchange, with the NYSE quote at USD 116.49 at 4:00 p.m. ET on October 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of TD Bank stock.