TORONTO, June 11, 2015 /CNW/ - TD Bank Group (TD) announced today that Bob Dorrance, Group Head, Wholesale Banking, TD Bank Group and Chairman, CEO and President, TD Securities, intends to donate 6,200 TD common shares to charity as part of his ongoing charitable commitments.
As reported in TD's proxy circular, Mr. Dorrance exceeds his share ownership requirement by a wide margin. As set out under its policies, TD is required to announce by way of press release Mr. Dorrance's intention to conduct any transaction in TD stock at least five days in advance of the date of the transaction.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by branches and serves more than 24 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 10 million active online and mobile customers. TD had CDN$1 trillion in assets on April 30, 2015. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group
