Bank of Montreal T.BMO

Alternate Symbol(s): T.BMO.P.Y | N.ZOCT | FNGD | N.ZEBA | NRGU | FNGO | BMO | N.BGDV | FNGU | CARD | T.BMO.P.E | T.BMO.P.T | N.ZUEA | T.BMO.P.W | CARU

Financial Services

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank accounts, credit cards, mortgages, loans, investments, creditor insurance, and travel insurance. The Company’s segments include P&C, U.S. P&C, Total P&C, BMO Wealth Management, BMO Capital Markets, and Corporate Services. Its bank accounts include checking accounts, and savings accounts. Its credit card services include no fee, low interest, cash back, BMO Rewards, AIR MILES, travel, and lifestyle. Its credit cards include BMO eclipse Visa Infinite Card, BMO Ascend World Elite Mastercard, BMO eclipse Visa Infinite Privilege Card, BMO Preferred Rate Mastercard and BMO CashBack Mastercard.

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Bank of Montreal > CAD$2.70 Billion Public Offering of Common Shares

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Post by Betteryear2on Mar 22, 2022 6:47pm

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Post# 34536072

CAD$2.70 Billion Public Offering of Common Shares

TORONTO, March 22, 2022 /PRNewswire/ - Bank of Montreal (TSX: BMO)(NYSE: BMO) (the "Bank") today announced a public offering of 18,125,000 common shares at a price of CAD$149.00 per common share for total gross proceeds of CAD$2.70 billion. The offering is being underwritten on a bought-deal basis by a syndicate of underwriters. The Bank has granted to the underwriters an option to purchase up to an additional 2,718,750 common shares at a price of CAD$149.00 per common share exercisable at any time up to 30 days after closing of the offering.