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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
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Comment by bmeister2on Dec 03, 2014 12:58pm
228 Views
Post# 23190626

RE:RE:RE:RE:RE:insider buys

RE:RE:RE:RE:RE:insider buys
Hey Brain,you and I both know that our views will be vindicated one way or the other before too long.Even the talking heads are saying the bottom may be in as it was completely overdone and Bankers was one name they referred to with the likes of Suncor and surge energy.Good company,eh. As to popfart,I now have him on ignore and would suggest you do also,your decision,but he is trying to use any argument to bash that he can find. That is my last reference to him/her!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities