Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Bank Of Montreal ( (TSE:BMO) ) has shared an update.
Bank of Montreal has initiated an automatic securities purchase plan with BMO Nesbitt Burns Inc. to repurchase up to 20 million of its common shares as part of its normal course issuer bid, after receiving necessary regulatory approvals. This move aims to optimize its capital structure and demonstrate confidence in its financial stability, with decisions on the number and timing of share repurchases being influenced by market conditions.
More about Bank Of Montreal
Bank of Montreal operates in the financial services industry, offering a range of banking products and services. It is primarily focused on providing personal and commercial banking, wealth management, and investment banking services in North America.
YTD Price Performance: 1.44%
Average Trading Volume: 832,196
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $71.84B
For a thorough assessment of BMO stock, go to TipRanks’ Stock Analysis page.
