The Toronto Stock Exchange reports that Toronto-Dominion Bank's non-cumulative five-year rate reset preferred shares, Series 24 (non-viability contingent capital (NVCC)), will be delisted at the close on July 31, 2024. According to the TSX, the bank will redeem the Series 24 shares on July 31, 2024, for $25 per share. Separately from the redemption price, the final dividend of
31.875 cents per Series 24 share will be paid in the usual
manner on July 31, 2024, to holders of Series 24 shares of
record on July 10, 2024.
As the Series 24 shares are held through the book-entry
system of CDS and no individual certificates are issued,
holders of Series 24 shares need not take any action with
respect to the redemption. For more information, see the bank's news release dated June 25, 2024.
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