TSX:BMO - Post Discussion
Post by
Betteryear2 on Mar 29, 2022 9:13am
Bank of Montreal Completes $3.1 Billion Public Offering
TORONTO, March 28, 2022 /CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) (the "Bank") today announced that it has completed its previously announced offering of common shares at a price of $149.00 per common share. The syndicate of underwriters elected to exercise its over-allotment option in full, resulting in a total of 20,843,750 common shares being issued today for total gross proceeds of $3.1 billion. The offering was underwritten on a bought deal basis by the syndicate of underwriters. The common shares issued are listed on the Toronto Stock Exchange and the New York Stock Exchange.
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