MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.
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The Bank of Montreal has announced it will redeem all of its outstanding Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 31, worth $300 million, on November 25, 2024. The shares are redeemable at a price of $25.00 each, along with a final quarterly dividend of $0.240688 per share payable on the same day. This strategic financial move aligns with BMO’s commitment to growth and positive change across its vast North American customer base.
For further insights into BULZ stock, check out TipRanks’ Stock Analysis page.
