[6-K] MicroSectors Energy 3x Leveraged ETNs Current Report (Foreign Issuer)

Rhea-AI Filing Summary

BMO Financial Group filed a Form 6-K that includes a press release stating the company announces an intention to purchase for cancellation up to 30 million of its common shares. The document is presented as an exhibit and is signed by the company's Chief Financial Officer, Tayfun Tuzun, and Corporate Secretary, Pascale Elharrar. The filing lists registration statements and exhibits and identifies the press release as Exhibit 99.1.

Positive

• Announced intention to purchase up to 30 million common shares, a clear capital-return action
• Formal disclosure included as an exhibit (Exhibit 99.1), indicating corporate-level communication to investors
• Signed by CFO and Corporate Secretary, confirming authorized corporate disclosure

Negative

• No timetable, funding source, or execution details provided in the filing excerpt
• No information on board approval or program authorization limits is included in the provided content

Insights

Financial Analyst

TL;DR: Announced intention to buy back up to 30 million common shares — a material capital allocation decision that can reduce share count.

The announcement signals management's intent to return capital to shareholders through share cancellations, which, if executed, would reduce diluted share count and could be accretive to earnings per share. The filing highlights the buyback size but does not include funding sources, timeline, or authorization specifics in the provided exhibit listing. Investors should view this as a potentially positive corporate action pending details on timing, pace, and funding.

Corporate Governance Expert

TL;DR: Board-level capital allocation move disclosed; missing implementation details limit assessment of governance implications.

The press release listed as an exhibit represents a formal disclosure of a share cancellation plan. Signatures from the CFO and Corporate Secretary confirm corporate authorization for disclosure. However, the filing excerpt lacks details on board approval, repurchase program terms, or governance controls for execution. Those omissions make it difficult to evaluate oversight, shareholder approval requirements, or potential impacts on capital structure from a governance perspective.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of: August, 2025 Commission File Number: 001-13354

BANK OF MONTREAL

(Name of Registrant)

100 King Street West
1 First Canadian Place		129 rue Saint-Jacques
Toronto, Ontario		Montreal, Quebec
Canada, M5X 1A1		Canada, H2Y 1L6
(Executive Offices)		(Head Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐   Form 40-F ☒

INCORPORATION BY REFERENCE

The information contained in this Form 6-K and any exhibits hereto shall be deemed filed with the Securities and Exchange Commission (“SEC”) solely for purposes of incorporation by reference into and as part of the following registration statements of the registrant on file with and declared effective by the SEC:

1. Registration Statement – Form F-3 – File No. 333-214934

2. Registration Statement – Form F-3 – File No. 333-285508

3. Registration Statement – Form S-8 – File No. 333-191591

4. Registration Statement – Form S-8 – File No. 333-180968

5. Registration Statement – Form S-8 – File No. 333-177579

6. Registration Statement – Form S-8 – File No. 333-177568

7. Registration Statement – Form S-8 – File No. 333-176479

8. Registration Statement – Form S-8 – File No. 333-175413

9. Registration Statement – Form S-8 – File No. 333-175412

10. Registration Statement – Form S-8 – File No. 333-113096

11. Registration Statement – Form S-8 – File No. 333-14260

12. Registration Statement – Form S-8 – File No. 33-92112

13. Registration Statement – Form S-8 – File No. 333-207739

14. Registration Statement – Form S-8 – File No. 333-237522

15. Registration Statement – Form S-8 – File No. 333-276007

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		Press Release – BMO Financial Group Announces Intention to Purchase for Cancellation Up to 30 Million of its Common Shares

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				BANK OF MONTREAL
				By:		/s/ Tayfun Tuzun
				Name:		Tayfun Tuzun
				Title:		Chief Financial Officer
Date: August 26, 2025				By:		/s/ Pascale Elharrar
				Name:		Pascale Elharrar
				Title:		Corporate Secretary

FAQ

What did BMO announce in this 6-K filing?

BMO announced an intention to purchase for cancellation up to 30 million of its common shares as described in the press release listed as Exhibit 99.1.

Does the filing state how the buyback will be funded?

The provided filing excerpt does not disclose funding sources for the intended purchases.

Are there timing or execution details for the repurchase program in this filing?

No timing, schedule, or execution details are included in the excerpted content.

Who signed the filing authorizing the disclosure?

The filing is signed by Tayfun Tuzun (Chief Financial Officer) and Pascale Elharrar (Corporate Secretary).

Is the press release included as an exhibit in the 6-K?

Yes; the press release is identified as Exhibit 99.1 in the filing excerpt.