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DocuSign shares fall 40%, CEO said he is buying $5 million worth of more stock

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December 4, 2021
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BMO ends Canadian bank results season with earnings beat, dividend boost

TORONTO (Reuters) -Bank of Montreal (BMO) closed out Canadian banks’ results season with better-than-expected fourth-quarter earnings on Friday, and announced the industry’s biggest dividend increases and share buyback. Canada’s fourth-largest lender said adjusted profit rose 38%from a year earlier, beating estimates on lower-than-expected loan-loss provisions and expenses, with higher income from a year ago in all its major businesses offering a boost. It said it would increase its dividend by 25% to C$1.33 and would buy back up to 22.5 million, or 3.5%, of outstanding shares.

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