1 day ago · Portion of proceeds to be allocated toward normal course issuer bid. TORONTO, Feb. 10, 2025 /CNW/ - TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) today announced its intent to sell its entire equity investment in The Charles Schwab Corporation ("Schwab") (NYSE: SCHW) through a registered offering and share repurchase by Schwab.

1 day ago · Toronto-Dominion Bank plans to exit its equity investment in Charles Schwab Corp. via a secondary stock offering. TD will sell 184.7 million shares of Schwab’s common stock, representing 10.1% ...

1 day ago · Schwab has agreed to buy back US$1.5 billion of its shares from TD. “As part of our strategic review, we have been evaluating capital allocation and have made the decision to exit our Schwab investment,” TD CEO Raymond Chun said. “We are very pleased with the strong return we are generating on the Schwab shares we acquired in 2020.”

1 day ago · TD Bank Group (TD) plans to sell its entire 10.1% equity investment in Charles Schwab (SCHW) through a public offering and use part of the proceeds to buy back C$8B (US$5.6B) of its own stock, the ...

1 day ago · TD said it will offer its 10.1% stake in Charles Schwab through a registered stock offering. The brokerage and money-management firm has agreed to buy $1.5 billion of its shares from TD when the ...

1 day ago · TD currently holds 184.7M shares of Schwab’s common stock, representing 10.1% economic ownership. Schwab has agreed to repurchase $1.5B of its shares from TD conditional on completion of the ...

1 day ago · TD holds 184.7 million shares of Schwab’s common stock, valued at $15.36-billion based on the last closing price. Shares of Charles Schwab fell 3 per cent in premarket trading on the news.

Oct 6, 2020 · TD Bank Group ("TD" or "the Bank") (TSX and NYSE: TD) today confirmed that upon closing of the acquisition of TD Ameritrade Holding Corporation by The Charles Schwab Corporation ("Schwab"), TD received an approximately 13.5% stake in Schwab, consisting of 9.9% voting common shares and the remainder in non-voting common shares which are ...

Aug 1, 2022 · The Charles Schwab Corporation (“Schwab” or the “Company”) announced today that it has purchased approximately 15 million shares of its nonvoting common stock directly from TD Bank Group (“TD Bank") for $1 billion. The shares are being acquired pursuant to Schwab’s recent repurchase authorization.

On August 21, 2024, the Bank announced that it had sold 40.5 million shares of common stock of Schwab, which reduced the Bank's ownership interest in Schwab from 12.3% to 10.1%. TD Bank Group will release its fourth quarter financial results and host an earnings conference call on December 5, 2024. Conference call and audio webcast details will ...