Bank of Montreal (BMO) announced its intention to terminate its existing normal course issuer bid to purchase for cancellation up to 20M of its common shares and establish a new normal course issuer bid to purchase for cancellation up to 30M of its common shares, subject to the approval of the Office of the Superintendent of Financial Institutions Canada and the Toronto Stock Exchange. Bank of Montreal’s existing bid commenced on January 22 and was scheduled to terminate on January 21, 2026, unless terminated earlier in accordance with its terms.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMO:
- Berkshire takes stake in UnitedHealth, Sandisk reports Q4 beat; Morning Buzz
- Bank of Montreal price target raised to C$161 from C$160 at National Bank
- RBC, BMO planning sale of Canadian payments venture, Reuters reports
- Bank of Montreal price target raised to C$150 from C$144 at Barclays
- Eli Lilly Stock (LLY) Will Benefit from ‘Onshoring Boom,’ Says BMO Capital Markets