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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

Big Banc Split Corp
Bullboard Posts
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(84)
•••
Post by newtonboyon Jun 03, 2013 9:08am
265 Views
Post# 21478587

Looks Like French Liked Friday's Drop.............

Looks Like French Liked Friday's Drop.............

The Company announces that on May 31, 2013 it was notified that an Executive
Officer purchased the following shares:



                                                    Total         Total Number of  
Name                     Date of       Shares      Purchase     Common Shares Held
                        Purchase     Purchased  Price (Cdn. $)  After Transaction
                                                                             
                                                                                
David French                                                                    
President and Chief   May 31, 2013    79,500       236,910           79,500     
Executive Officer                                                              
                  

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities