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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

Big Banc Split Corp
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Comment by geomeanon Sep 16, 2007 10:28pm
502 Views
Post# 13407863

RE: schater

RE: schaterGlad to see Joe likes it too. BUY Bankers Petroleum BNK-T Current Price 0.480 Asset of 2 billion barrels of initial oil and are only recovering about 6%, but with new technology this could increase to over 34%. 2007-09-11 https://www.stockchase.com/Expert-sl--slq-ID-slv-Joseph--Schachter.php
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Dealroom for high-potential pre-IPO opportunities