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Market Impact: 0.3
TD Bank Plans C$10 Bln Share Buyback Programme, Up To 61 Mln Shares
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Banking & Liquidity
TD Bank Group intends to launch a new share-buyback program authorizing repurchases of up to C$10 billion of its common shares. The substantial capital-return initiative is mildly positive for shareholders and could support TD's stock, subject to execution and regulatory approvals.
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Overall Sentiment
mildly positive
Sentiment Score
0.35
Ticker Sentiment
TD0.65
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