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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  T.BK.PR.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Offering
View:
Post by Donwaan on Nov 24, 2022 2:14pm

Offering

Is BK due for an offering? I lightened up awhile ago expecting one but nothing yet.
Comment by EdPaquette on Nov 24, 2022 3:00pm
Lightening up was the best thing to do.  Offering should be very soon.
Comment by mouserman on Nov 24, 2022 11:49pm
While there is a chance BK does an offering, not sure they will do it with this low of a premium. After ex divvy date , if it's over 20%, good chance tho. DFN also due for another kick at the cash with the share price well over 8$.  
Comment by yureja28 on Nov 25, 2022 12:56am
This post has been removed in accordance with Community Policy
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