BANK OF MONTREAL /CAN/ (BMO) Form 6-K — Sep 2, 2026
Bank of Montreal received approvals from the TSX and OSFI to proceed with its previously announced normal course issuer bid to purchase for cancellation up to 25 million common shares, approximately 3.6% of its public float and of its issued and outstanding shares. Purchases commence September 8, 2026 and may continue through no later than September 7, 2027. The new bid succeeds a 30-million-share program under which BMO had repurchased 23,667,500 shares at a volume-weighted average price of approximately $197.76 per share as of August 31, 2026. Daily purchases under the new bid are capped at 557,961 shares, with BMO Nesbitt Burns executing trades under an automatic securities purchase plan.
Key figures
- Total Assets
- $1.5 trillion
- Shares Outstanding
- 695092237
- Bid Window
- commencing September 8, 2026, ending no later than September 7, 2027
- Total Assets As Of
- July 31, 2026
- Public Float Shares
- 694808416
- Percent Of Public Float
- 3.6%
- Prior Bid Vwap Per Share
- $197.76
- Daily Max Purchase Shares
- 557961
- Prior Bid Authorized Shares
- 30 million
- Prior Bid Shares Repurchased
- 23667500
- Avg Daily Volume Prior6 Months
- 2231845
- Shares Authorized For Repurchase
- 25 million
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