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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
Comment by bmeisteron Aug 22, 2011 2:25pm
299 Views
Post# 18967503

RE: RE: Final note to Onereality

RE: RE: Final note to OnerealityYeah,hound where are some of the long time longs on this board?? You know,I was thinking that it wouldn't be bad if bnk management gave us a mid quarter pep-talk,so to speak,on progress thus far this quarter that could help to rally the troops( Longs) and dispel other rumors that have permeated this board.I know I don't buy or sell by stockhouse but sometimes this bd. can be like a book of fiction in that there is a semblance of truth at times because the characters could be based on reality. It can't be small retailers like us who affect this sp,so what do the big boys know that we don't or is it simply that they are shorting to win on the way down and again when we rise.I did  hope we would have been better off with heavy institutional support. DONE
Bullboard Posts