Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.P.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

TSX:BNK - Post by User

Big Banc Split Corp

Bullboard Posts

Comment by newtonboyon May 01, 2014 3:22pm

308 Views

Post# 22514203

RE:RE:Q1 results expected next week

They say that to get cheap shares.

Recent Trades - Last 10 of 4722

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
15:03:32	T	5.90	-0.07	500	7 TD Sec	7 TD Sec
15:03:32	T	5.90	-0.07	500	7 TD Sec	7 TD Sec
15:03:04	T	5.90	-0.07	200	79 CIBC	79 CIBC
15:03:04	T	5.90	-0.07	1,300	79 CIBC	79 CIBC
15:02:53	T	5.895	-0.075	500	72 Credit Suisse	72 Credit Suisse
15:01:51	T	5.895	-0.075	100	72 Credit Suisse	53 Morgan Stanley
15:01:46	T	5.895	-0.075	100	72 Credit Suisse	53 Morgan Stanley
14:54:47	T	5.89	-0.08	97	3 AltaCorp	7 TD Sec
14:54:47	T	5.89	-0.08	500	7 TD Sec	7 TD Sec
14:54:47	T	5.895