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Stock impact report

BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: PR Newswire
TORONTO, Feb. 26, 2019 /PRNewswire/ - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase for cancellation up to 15 million of its common shares under a normal course issuer bid. Purchases will be made through the facilities of the TSX and may also be made through alternative Canadian trading systems or by such other means as may be permitted by a securities regulatory authority, including private agreements or share repurchase programs under exemption orders issued by securities regulatory authorities (Exemption Orders). Bank of Montreal (the Bank) intends to file a notice of intention with the TSX in this regard.Subject to regulatory approvals, the normal course issuer bid will commence on or around June 1, 2019, and will end on or around May 31, 2020. The common shares that may be repurchased represent approximately 2. Show less Read more
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