02:12:09 EDT Thu 23 Sep 2021
Enter Symbol
or Name

Login ID:
Bank of Montreal
Symbol BMO
Shares Issued 647,470,963
Close 2021-07-27 C$ 125.40
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BMO redemption of Class B preferred shares

2021-07-27 15:19 ET - Miscellaneous

The Toronto Stock Exchange reports that Bank of Montreal's non-cumulative five-year rate reset Class B preferred shares, Series 25 (symbol BMO.PR.Q), and non-cumulative floating rate Class B preferred shares, Series 26 (symbol BMO.PR.A), will be delisted at the close on Aug. 25, 2021. According to the TSX, BMO will redeem the Series 25 and Series 26 shares on Aug. 25, 2021, for $25 per share.

The TSX reports that the final quarterly dividends of 11.2813 cents per Series 25 share and 7.8704 cents per Series 26 share will be paid in the usual manner on Aug. 25, 2021, to the shareholders of record on Aug. 3, 2021. The dividends will be paid separately from the redemption price.

For more information, see BMO's news release dated July 16, 2021.

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