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Stock Market & Financial Investment News

News Breaks
December 3, 2013
07:03 EDTBMOBank of Montreal announces intention to repurchase up to 15M of common shares
Bank of Montreal announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada and the Toronto Stock Exchange, to purchase, for cancellation, up to 15M of its common shares under a normal course issuer bid through the facilities of the TSX. Bank of Montreal 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 February 1, 2014, and will end on or around January 31, 2015. The common shares that may be repurchased represent approximately 2.3% of common shares.
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