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Bank of Montreal
Symbol BMO
Shares Issued 718,355,472
Close 2025-08-01 C$ 152.92
Market Cap C$ 109,850,918,778
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BMO redemption of Series 33 preferred shares

2025-08-01 23:42 ET - Miscellaneous

The Toronto Stock Exchange reports that Bank of Montreal's non-cumulative five-year rate reset Class B preferred shares, Series 33 (non-viability contingent capital (NVCC)) (symbol BMO.PR.Y), will be delisted at the close on Aug. 25, 2025. According to the TSX, BMO will redeem the Series 33 shares on Aug. 25, 2025, for $25 per share.

The TSX reports that the final quarterly dividend of 19.0875 cents per Series 33 share will be paid in the usual manner on Aug. 25, 2025, to holders of record on July 30, 2025. This dividend will be paid separately from the redemption price.

As the preferred shares are held through the book-entry system of CDS and no individual certificates are issued, holders of the Series 33 shares need not take any action with respect to the redemption.

For more information, see BMO's news release dated July 8, 2025.

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