Bank of Montreal Plans to Buy Back Shares After Earnings Hit by Charge
Bank of Montreal aims to launch a share-buyback program after notching improved results from its operations in the latest quarters, despite being slugged by a charge from the sale of assets.
Bank of Montreal aims to launch a share-buyback program after notching improved results from its operations in the latest quarters, despite being slugged by a charge from the sale of assets.
BELLINGS Intelligence Score: 12
Why it matters
Bank of Montreal's share buyback following earnings impacted by a charge is routine corporate financial activity with limited broader market impact or novelty for credit-market professionals.
Sources
The Wall Street Journal
Bank of Montreal Plans to Buy Back Shares After Earnings Hit by Charge
Bank of Montreal aims to launch a share-buyback program after notching improved results from its operations in the latest quarters, despite being slugged by a charge from the sale of assets.