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Bank of Montreal Plans Major Share Buyback
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Bank of Montreal Plans Major Share Buyback

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

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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.

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