Tous Actualités
Suivre
Abonner BMO Financial Group

BMO Financial Group

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

Toronto (ots/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 through the facilities of the TSX. Bank of Montreal (the Bank) intends to file a notice of intention with the TSX in this regard.

The normal course issuer bid, subject to regulatory approvals, will commence on or around May 1, 2017, and will end on or around April 30, 2018. The common shares that may be repurchased represent approximately 2.3 per cent of the 'public float' (as such term is defined in the TSX Company Manual) of common shares as at January 31, 2017. The timing and amount of any purchases under the program is subject to regulatory approvals and to management discretion based on factors such as market conditions. The Bank will pay the market price for the shares at the time of acquisition.

There were 648,920,244 Bank of Montreal common shares issued and outstanding as at January 31, 2017, and the public float was 648,297,725 common shares.

BMO's previous normal course issuer bid commenced on February 1, 2016, and expired on January 31, 2017. Over the term of the previous bid, BMO did not purchase any of its common shares.

Bank of Montreal's common shares are listed on both the Toronto and New York stock exchanges.

For Media Relations Enquiries:

Paul Gammal,

Toronto,
 
paul.gammal@bmo.com,

+416-867-3996;



Frederic Tremblay,

Montreal,
 
frederic1.tremblay@bmo.com,

+14-877-1873;
For Investor Relations Enquiries:

Jill Homenuk,

Toronto,
 
jill.homenuk@bmo.com,

+(416)-867-4770;



Christine Viau, Toronto,
 
christine.viau@bmo.com,

+(416)-867-6956;



Internet: http://www.bmo.com,

Twitter: @BMOMedia

Plus de actualités: BMO Financial Group
Plus de actualités: BMO Financial Group
  • 28.02.2017 – 14:50

    BMO Financial Group Declares Dividends

    Toronto (ots/PRNewswire) - Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.88 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2017 ("Q2 2017 Dividend"), unchanged from the previous quarter and up 5% from a year ago. The Board of Directors also declared dividends of: - $0.328125 per share on paid-up Class B ...

  • 28.02.2017 – 14:41

    BMO Financial Group Reports Net Income of $1.5 Billion for First Quarter of 2017

    Toronto (ots/PRNewswire) - - Net income of $1,488 million, up 39%; adjusted net income[1] of $1,530 million, up 30% - EPS[2] of $2.22, up 40%; adjusted EPS[1],[2] of $2.28, up 30% - ROE of 14.9%, compared with 10.9%; adjusted ROE[1] of 15.3%, compared with 12.1% - Provisions for credit losses of $173 million, compared with $183 million - Common Equity Tier 1 Ratio of ...

  • 18.02.2017 – 00:01

    Media Advisory - BMO Financial Group to Announce its First Quarter 2017 Results

    Toronto (ots/PRNewswire) - BMO Financial Group will announce its first quarter 2017 financial results and hold its investor community conference call on Tuesday, February 28, 2017. Financial results will be issued in a news release at approximately 6:45 a.m. EST. Investor Community Conference Call - Time: 2:00 p.m. EST - The conference call will be available in a ...