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Charles Schwab: Breakout Moment With Strengthening Fundamentals And $5.6B Buybacks
SCHWCharles Schwab(SCHW) Seeking Alpha·2025-03-04 16:13

Core Viewpoint - TD Bank has fully exited its 10.1% stake in Charles Schwab by selling 184.7 million shares through a secondary offering, with Schwab repurchasing 1.5billionofitsstockdirectlyfromTD[1]Group1:CompanyActionsTDBanksoldallofits184.7millionsharesinCharlesSchwab[1]CharlesSchwabrepurchased1.5 billion of its stock directly from TD [1] Group 1: Company Actions - TD Bank sold all of its 184.7 million shares in Charles Schwab [1] - Charles Schwab repurchased 1.5 billion of its stock from TD Bank [1] Group 2: Stake Details - The stake sold by TD Bank represented 10.1% of Charles Schwab [1]