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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

Financial Services Asset Management
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 airgoddafion Jun 03, 2012 1:34pm
427 Views
Post# 19975765

RE: RE: RE: Tweedledum/Tweedledee

RE: RE: RE: Tweedledum/Tweedledee

what a terrible area to be in when the whole EU is near tumbling and in utter distress....

 

with weak production and disappointment.......cant be any worse .........

 

that chart dont look too good either......all im sayin' im a realist....

 

1.75 looks like next support, after that it could test 2009 lows fer sure.....

 

who knows, dont worry be happy

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities