Company Announcements

BMO Announces Redemption of Preferred Shares

MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.

Bank of Montreal (BMO) has announced it will redeem all outstanding Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 29, on August 25, 2024, for $400 million. Shareholders of record on July 30 will receive the final quarterly dividend the following day. BMO Financial Group, a major North American bank with $1.4 trillion in assets, continues its 200-year history of providing diversified financial services.

For further insights into BULZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskBank of Montreal Announces Share Redemption
TipRanks Auto-Generated NewsdeskBMO Wins Appeal, Expects Major Financial Recovery
TipRanks Auto-Generated NewsdeskBank of Montreal Launches Multi-Billion Notes Offering
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