The Toronto Stock Exchange reports that Toronto-Dominion Bank's non-cumulative five-year rate reset Class A first preferred shares, Series 3 (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 3 shares on July 31, 2024, for $25 per share. Separately from the redemption price, the final dividend of
23.00625 cents per Series 3 share will be paid in the usual
manner on July 31, 2024, to holders of Series 3 shares of
record on July 10, 2024.
As the Series 3 shares are held through the book-entry
system of CDS and no individual certificates are issued,
holders of Series 3 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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