tiprankstipranks
Advertisement
Advertisement

Bank of Montreal Plans Major Share Buyback

Story Highlights
Bank of Montreal Plans Major Share Buyback

Bank Of Montreal (TSE:BMO) has released an update.

Claim 55% Off TipRanks

The Bank of Montreal has announced plans to repurchase up to 20 million of its common shares, a move that aims to provide the bank with greater capital flexibility. This buyback represents approximately 2.7% of the bank’s public float and will be conducted through various exchanges, subject to regulatory approval.

For further insights into TSE:BMO stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1