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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.


TSX:BNK - Post by User

Comment by StockInvestor16on Sep 08, 2016 11:10am
84 Views
Post# 25217836

RE:$1.98 now

RE:$1.98 nowLOL, short it ? Just waiting for CIBC to do the same below, than my buyers will come in and kick the cr*p out of them Time ET Ex Price Change Volume Buyer Seller Markers 10:50:54 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:47:34 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:44:17 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:41:01 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:37:47 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:37:14 T 1.98 -0.02 50 3 AltaCorp 9 BMO Nesbitt 10:34:41 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:31:29 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:28:45 T 1.98 -0.02 100 79 CIBC 79 CIBC 10:26:40 T 1.99 -0.01 400 39 Merrill Lynch 1 Anonymous
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