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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 bmeister2on Dec 03, 2014 10:31am
181 Views
Post# 23189657

RE:RE:RE:insider buys

RE:RE:RE:insider buys
You seem fixated on Bankers trading at 2 dollars,popfart and you are always talking about the U.S. being able to lower their costs on the shale with newer technology. Sure,that might happen but the sun will burn out some day too! Reports are already starting to flow that the tight shale is being cut back longer term,which doesn't support your position and contrary to your views,insider buying is very bullish in both short term and long term,especially on the open market. So,I ask again,what are your motives to attempt to shoot down any intelligent post that has a "hint" of ' optimism' in them? Spew your negativity on some other board.
Bullboard Posts