BMO plans buyback of up to 25 million shares under normal course issuer bid

• BMO plans to repurchase up to 25,000,000 common shares for cancellation under a normal course issuer bid, pending OSFI, TSX clearance.
• Program expected to start around Sept. 8, 2026, ending Sept. 7, 2027, unless terminated earlier.
• Buyback ceiling equals about 3.6% of the public float as of July 31, 2026.
• Shares would be bought on the TSX, potentially other Canadian venues; pricing typically at market, with exemption-order purchases generally discounted.
• Common shares outstanding totaled 697,146,398 as of July 31, 2026; existing buyback runs from Sept. 5, 2025 to Sept. 4, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BMO - Bank of Montreal published the original content used to generate this news brief via CNW (Ref. ID: 202608250532CANADANWCANADAPR_C5963) on August 25, 2026, and is solely responsible for the information contained therein.