financetom
Business
financetom
/
Business
/
TD Bank Group Closed Sale of Schwab Stock
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TD Bank Group Closed Sale of Schwab Stock
Feb 12, 2025 2:01 PM

04:41 PM EST, 02/12/2025 (MT Newswires) -- TD Bank Group announced after trade Wednesday it had closed the sale of its entire equity investment in The Charles Schwab Corporation , consisting of 184,678,738 shares in Schwab's common stock representing 10.1% economic ownership. The Bank sold 165,443,530 shares through a registered offering at a price of US$79.25 per share, and Schwab repurchased 19,235,208 shares from TD for a total purchase price of US$1.5 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Capital One Financial Approves $16 Billion Share Buyback Capacity, Plans Dividend Increase; Shares Rise Premarket
Capital One Financial Approves $16 Billion Share Buyback Capacity, Plans Dividend Increase; Shares Rise Premarket
Oct 22, 2025
06:07 AM EDT, 10/22/2025 (MT Newswires) -- Capital One Financial ( COF ) shares were up more than 4% in recent premarket activity Wednesday after the company's board approved a new repurchase authorization for up to $16 billion common shares. Chief Financial Officer Andrew Young announced the buyback program during the company's Tuesday earnings call, saying the new authorization is...
Thermo Fisher Scientific Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Thermo Fisher Scientific Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Oct 22, 2025
06:08 AM EDT, 10/22/2025 (MT Newswires) -- Thermo Fisher Scientific ( TMO ) reported fiscal Q3 adjusted earnings Wednesday of $5.79 per diluted share, up from $5.28 a year earlier. Analysts polled by FactSet expected $5.50. Revenue for the quarter ended Sept. 27 was $11.12 billion, compared with $10.6 billion a year earlier. Analysts polled by FactSet expected $10.92 billion....
Commerce Resources, Mont Royal Resources Complete Merger
Commerce Resources, Mont Royal Resources Complete Merger
Oct 22, 2025
06:06 AM EDT, 10/22/2025 (MT Newswires) -- Commerce Resources ( CMRZF ) and Australia-listed Mont Royal Resources have completed their merger, creating a Quebec-focused critical minerals exploration and development company. The merger, under which Mont Royal acquired all of Commerce's issued and outstanding common shares, combines Commerce's Ashram rare earths and fluorspar project and Eldor niobium exploration project and Mont...
Form 8.3 - Renold plc
Form 8.3 - Renold plc
Oct 22, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: NATIXIS SA (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle...
Copyright 2023-2026 - www.financetom.com All Rights Reserved