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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 Ahsanon Mar 14, 2012 11:52am
429 Views
Post# 19668441

RE: MAJOR MANIPULATION...

RE: MAJOR MANIPULATION...

oh guys. i thought quarter would be released on monday before market open but it seems like it might be after hours on monday or before market open on tuesday. lets hope its closes decent on friday or monday whichever it is. i dont want it to collapse too much before the results are released otherwise my prediction will not come true (0.60-0.65 reduction in share price).

Bullboard Posts