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.

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Big Banc Split Corp

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Comment by Britt11on May 16, 2013 12:18am

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Post# 21401462

RE: Insiders...

thanks Newton- so just as we all speculated- shares sold were from Abby....

so it looks like John and Robert having sold yet but have exercised some shares that will be sold in the common market soon. Its not much compared to what they have, so im guessing they just need cash. As far as Abby...Im sure he is looking to just get out and retire

Im still long, not worried about these sells

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