StocksMedium•29 September 2026•
1 min read
Bank of Montreal Stock Dips After-Hours Following Share Buyback Approval
Key Facts
1Bank of Montreal stock closed after-hours at EUR 149.50, a 0.69% decrease from its prior close.
2The bank received approvals to purchase and cancel up to 25 million common shares through September 2027.
3BMO priced USD 1 billion in Additional Tier 1 limited recourse capital notes.
Bank of Montreal stock closed after-hours at EUR 149.50, representing a 0.69% decrease from its prior close, AD HOC NEWS reported. The bank received approvals to purchase and cancel up to 25 million common shares through September 2027. Additionally, BMO priced USD 1 billion in Additional Tier 1 limited recourse capital notes as part of its capital management strategy.
BMO closed at $171.15 on September 28, 2026, after reaching a session high of $172.69 and a low of $170.73. The bank's initiative to repurchase shares while simultaneously issuing new debt reflects a complex approach to strengthening its Tier 1 capital structure and managing shareholder equity.