The Toronto Stock Exchange reports that Toronto-Dominion Bank's non-cumulative five-year rate reset Class A first preferred shares, Series 5 (non-viability contingent capital) (symbol TD.PF.C), will be delisted at the close on Jan. 31, 2025. According to the TSX, the bank will redeem the Series 5 shares on Jan. 31, 2025, for $25 per share.
Separately from the redemption price, the final dividend of 24.225 cents per Series 5 share will be paid in the usual manner on Jan. 31, 2025, to holders of Series 5 shares of record on Jan. 10, 2025.
As the Series 5 shares are held through the book entry system of CDS and no individual certificates are issued, holders of Series 5 shares need not take any action with respect to the redemption.
For more information, see the bank's news release dated Dec. 23, 2024.
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