Schwab repurchases ~15M nonvoting shares from TD for up to $1B

SCHWAB CHARLES CORP

Repurchase of 15,030,813 shares of nonvoting common stock from TD Luxembourg for aggregate price not exceeding $1B.
Concurrently, TD Luxembourg sold 13,369,187 common shares via Rule 144 block trade on August 1, 2022.
Repurchase price per share equals the lowest price from TD's block trade sale.
Transaction closed on August 3, 2022 with payment in immediately available funds.
Repurchase agreement dated July 31, 2022 conditioned on execution of the Rule 144 sale.

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