Bank of Montreal Receives Regulatory Approval to Buy Back Common Shares

Bank of Montreal (TSX: BMO) has received regulatory approval from the Toronto Stock Exchange (TSE) and the Office of the Superintendent of Financial Institutions Canada (OSFI) to proceed with its previously-announced normal course issuer bid to purchase, for cancellation, up to 25 million of its common shares. Purchases may be made through the facilities of the TSX or other designated exchanges and alternative Canadian trading systems. The maximum number of common shares repurchased under the bid represents approximately 3.6% per cent of the Bank’s “public float” (as such term is defined in the TSE Company Manual), or 3.8% per% of the bank’ issued and outstanding common shares each as at August 31, 2026. The Bank will establish an automatic securities purchase plan on September 8, 20 26 under which its broker, BMO Nesbitt Burns Inc., may purchase its common Shares based on a defined set of criteria.
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