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

Bullboard Posts

Comment by Ahsanon Jan 18, 2012 2:55pm

260 Views

Post# 19418372

RE: RE: RE: CIBC

sometimes i can be wrong too. it doesnt change that i am a far experienced person than most ppl. most of u dont even have real institutional trader experience. so please be quiet and just mind your own business. a person doesnt retire at 38 and live on stocks if he didnt do good in these last few years. this is just bs and u guys just got lucky. the way it was trading to me was just suggesting that there is no interest and it would probably stay here for 1 month. now out of nowhere no news it goes up. keep your profits. doesnt make a damn difference to me.

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