09:17:16 EST Thu 12 Nov 2026
Enter Symbol
or Name
USA
CA



Bank of Montreal
Symbol BMO
Shares Issued 691,659,879
Close 2026-11-11 C$ 247.75
Market Cap C$ 171,358,735,022
Recent Sedar+ Documents

Globe says BMO, others enjoy Anthropic's IPO feast

2026-11-12 08:19 ET - In the News

Also In the News (C-BNS) Bank of Nova Scotia
Also In the News (C-CM) Canadian Imperial Bank of Commerce (CIBC)
Also In the News (C-POW) Power Corp of Canada
Also In the News (C-RY) Royal Bank of Canada
Also In the News (C-TD) Toronto-Dominion Bank

The Globe and Mail reports in its Thursday edition that Anthropic, the artificial-intelligence company behind the Claude chatbot, is preparing for one of the biggest initial public offerings in history, and Canadian retail investors have a chance to buy shares before they begin trading on the stock market. The Globe's Meera Raman and Andrew Galbraith write that the company plans to set aside up to 20 per cent of the shares offered in its IPO for retail investors in select markets, a larger allocation than is typical for major U.S. offerings where shares have historically gone primarily to institutional investors and wealthy clients. At the same time, although Anthropic's IPO could be worth as much as $64.35-billion (U.S.), that represents only a fraction of the company's estimated $1.4-trillion (U.S.) valuation. Existing shareholders are expected to retain about 91 per cent of the company's outstanding shares after the IPO and a separate private placement. For retail investors, getting access to an offering doesn't guarantee investors will receive shares. In Canada, six capital market players are expected to participate in the retail offering: BMO, CIBC, RBC, Scotiabank, TD and Wealthsimple.

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