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MicroSectors Solactive FANG & Innovation 3X Leveraged ETN ( (BULZ) ) has shared an announcement.
The Bank of Montreal, a major financial institution in Canada, has received regulatory approvals from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions Canada to initiate a new normal course issuer bid. This new bid will allow the bank to purchase and cancel up to 30 million of its common shares, representing approximately 4.2% of its public float, starting September 5, 2025, and ending no later than September 4, 2026. The existing bid, which commenced on January 22, 2025, will terminate on September 4, 2025. The new bid provides the bank with flexibility to manage its capital position and adapt to future market conditions.
More about MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
Average Trading Volume: 213,924
Current Market Cap: $1.71B
For detailed information about BULZ stock, go to TipRanks’ Stock Analysis page.