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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 > Insider Buying
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Comment by VladimirPutinon Jan 18, 2016 11:42am
101 Views
Post# 24468850

RE:RE:Insider Buying

RE:RE:Insider BuyingThis is good news.  Everyone I'm sorry i came across negative.  I guess I was beginning to believe the bear story.  We will be good in a couple quarters and that is good for all oil.  BNK will likely be in better relations too once oil recovers.  This puts pressure on governments like Albania that rely on industry for funds. 
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