Bank of Montreal (BMO) said Thursday it plans to buy back up to 20 million common shares under a normal course issuer bid.
The program is subject to approvals from the Office of the Superintendent of Financial Institutions Canada and the Toronto Stock Exchange.
The company said the purchases may be conducted through the TSX, alternative Canadian trading systems or other approved methods.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.