Bank of Montreal Enters into Automatic Securities Purchase Plan

TORONTO, Jan. 10, 2025 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it has entered into an automatic securities purchase plan ("ASPP") with its broker, BMO Nesbitt Burns Inc., in order to facilitate repurchases of BMO common shares ("Common Shares") in connection with its previously announced intention to purchase for cancellation up to 20 million of Common Shares under a normal course issuer bid. While the ASPP has been approved by the TSX, the purchase of any Common Shares under the ASPP will not begin until after the approval of such normal course issuer bid by the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX).