The Toronto Stock Exchange reports that Toronto-Dominion Bank's non-cumulative five-year rate reset preferred shares, Series 22 (non-viability contingent capital (NVCC)), will be delisted at the close on April 30, 2024. According to the TSX, the bank will redeem the Series 22 shares on April 30, 2024, for $25 per share.

Separately from the redemption price, the final dividend of 32.5 cents per Series 22 share will be paid in the usual manner on April 30, 2024, to holders of the Series 22 shares of record on April 9, 2024. As the Series 22 shares are held through the book entry system of CDS and no individual certificates are issued, holders of the Series 22 shares need not take any action with respect to the redemption.

For more information, see the bank's news release dated March 12, 2024.