Toronto Dominion Bank (TSE:TD) has released an update.
Toronto-Dominion Bank (TD) has announced the redemption of all its outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 24, totaling approximately $450 million, at $25.00 per share on July 31, 2024. This follows the final dividend declaration of $0.31875 per Series 24 Share, payable on the same date to shareholders of record as of July 10, 2024. Shareholders are advised to contact their financial intermediaries for details on receiving their redemption proceeds.
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