Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.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.

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Big Banc Split Corp > all this debate about takeover price

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Comment by Quick4youon Mar 21, 2016 10:51pm

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Post# 24686352

RE:all this debate about takeover price

It's easy to have two thirds then the business will be successfully completed.

Good luck for all : ))

Les day traders s'amusent en ce moment et les courtiers font de l'argent avec le nombre de transactions dans tous les sens.

Prochainement, il va se maintenir au dessus de CA$2.00 et CA$2.20 vers la fin car la compagnie va tout ramasser avec ce prix, et va ramasser aussi les $CA2.25 ...soyez patient et ignorer les bashers.

braincloud wrote: Is just plain stupid!!! This deal packs in this stock goes back to $1.10 or worse. Not that the whole lot of us voting against would make the slightest bit of difference. This deal in the context of the current price of oil is fair. Price of oil heads lower and it gets worse and then it's dead money. All you cavalier bullsheit artists will again be crying the blues. Suck it up and take this as a blessing because there's plenty of names out there to pick from if you want to play oil. I'm fairly confident that BNK has already begun soliciting the larger known holders so all your bellyaching with you tiny positions won't make a difference.

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