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 Britt11on Mar 22, 2011 5:54pm

338 Views

Post# 18324300

RE: RE: RE: Is a PP coming soon ? -

with all do respect Hound, where do you get your info to post the statement "insiders selling at these prices" there hasnt been a single insider transaction since Jan 31st and the very earliest we can see if any insiders sold based on today's news is tomorrow. Also the shares that were sold in January were options from the previous years that had a time hold on them from previously selling. Options expire....if you dont exercies them...you loose them, unlike common shares. So no need to spread false info and state they sold them because "they know they can get in cheaper" because that is simply not true.

GLA, those who took profits and those that are holding. I am long, for the long term!
cheers,

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This battery metals stock is on a path to the global stage