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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

Bullboard Posts
Post by seabird1on Aug 29, 2006 2:00pm
281 Views
Post# 11289114

did you miss something gazzaz?

did you miss something gazzaz?read the last 5 posts. I won't pontificate about why people live their shareholdings over fear and greed but you yourself said "see you at the top" after the insiders started buying. The numbers I have clearly laid out and I reccomend you try and knock holes in their power point then carry on with the tirade. You are not so stupid as you sound ...numbers don't lie nor does the market, therefore there is a disconnect. I would say that the company numbers will win..in the end they always do, unfortunately the screaming is loudest at the fulcrum and is very uncomfortable for most retail investors.
Bullboard Posts