TD Bank launches CAD 10 billion buyback as Toronto-Dominion Bank stock costs EUR 105.17

Published on 10/02/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD's program covers 61 million shares and ends by July 2027. Toronto-Dominion Bank stock was EUR 105.17 on October 2, 2026.

TD, CA8911605092, Illustration mit AI erstellt.

The Toronto-Dominion Bank (ISIN CA8911605092) was trading at EUR 105.17 at Lang & Schwarz on October 2, 2026 at 2:10 p.m. CEST as TD Bank Group announced a planned CAD 10 billion share buyback on September 30, 2026. The program may cover up to 61 million common shares and is intended to run through July 2027.

Buyback reaches 3.74 percent

The planned repurchases represent up to 3.74 percent of the 1,633,130,726 common shares outstanding as of August 31, 2026. TD said the new program requires approval from the Office of the Superintendent of Financial Institutions Canada and that purchased shares will be cancelled.

The announcement follows CAD 7 billion of completed repurchases on September 25, 2026, representing 47.2 million shares. The planned amount is therefore CAD 3 billion larger than the completed program, giving capital returns the clearest numerical link to the latest company announcement.

Capital ratios support the plan

TD's regulatory position adds a second dimension to the buyback. As of July 31, 2026, the bank reported a Common Equity Tier 1 ratio of 14.26 percent, a Tier 1 ratio of 16.12 percent, a total capital ratio of 17.90 percent and a leverage ratio of 4.55 percent, according to TD Bank Group.

The same release placed TD's assets at CAD 2.1 trillion on July 31, 2026 and said the group served 28.2 million clients. That scale helps explain why the buyback is framed as a capital-allocation program rather than a change to the bank's operating model.

Analysts see a higher CAD level

MarketBeat reported on October 2, 2026 that TD's shares last traded at CAD 167.39 on the Toronto Stock Exchange, versus a 200-day moving average of CAD 157.96. The same report said Desjardins set a CAD 183.00 price target with a buy rating in a note dated September 2, 2026, placing the target 9.33 percent above the cited CAD 167.39 price.

The analyst backdrop is mixed in detail but positive in aggregate: seven analysts carried buy ratings, three held neutral views and one rated the stock a sell, producing a Moderate Buy consensus and an average target of CAD 171.08, MarketBeat reported.

EUR quote stays the reference

For German investors, the Lang & Schwarz quote remains the reference for this article, while the Toronto Stock Exchange figures provide separate Canadian-dollar context. The combination of a CAD 10 billion planned buyback, a 3.74 percent maximum share count reduction and a 14.26 percent Common Equity Tier 1 ratio gives the capital-return story three distinct numerical anchors.

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