MT Newswires Live09-03
Bank of Montreal (BMO) received approvals from the Toronto Stock Exchange and Canada's banking regulator to proceed with a normal course issuer bid to repurchase up to 25 million common shares, starting Sept. 8 and running until no later than Sept. 7, 2027, the company said late Wednesday.
The shares represent about 3.6% of BMO's public float as of Monday, the bank said.
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