Bank of Montreal announced the establishment of an automatic securities purchase plan (ASPP) with BMO Nesbitt Burns Inc. to facilitate the repurchase of up to 20 million common shares for cancellation under a normal course issuer bid. The implementation awaits approval from both OSFI and TSX.The purchase timing and price will be determined by management based on market conditions and capital adequacy considerations. The bank will consult with OSFI before making purchases, and the program will run for up to one year following TSX acceptance. The purchase price will be set at market rates at the time of acquisition.As of October 31, 2024, BMO Financial Group ranks as North America's eighth-largest bank with total assets of $1.41 trillion, serving 13 million customers across Canada, the United States, and select global markets.

Bank of Montreal announced the establishment of an automatic securities purchase plan (ASPP) with BMO Nesbitt Burns Inc. to facilitate the repurchase of up to 20 million common shares for cancellation under a normal course issuer bid. The implementation awaits approval from both OSFI and TSX.The purchase timing and price will be determined by management based on market conditions and capital adequacy considerations. The bank will consult with OSFI before making purchases, and the program will run for up to one year following TSX acceptance. The purchase price will be set at market rates at the time of acquisition.As of October 31, 2024, BMO Financial Group ranks as North America's eighth-largest bank with total assets of $1.41 trillion, serving 13 million customers across Canada, the United States, and select global markets.