Bank Of Montreal (TSE:BMO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The Bank of Montreal has announced plans to repurchase up to 20 million of its common shares, a move that aims to provide the bank with greater capital flexibility. This buyback represents approximately 2.7% of the bank’s public float and will be conducted through various exchanges, subject to regulatory approval.
For further insights into TSE:BMO stock, check out TipRanks’ Stock Analysis page.