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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 > starting to see why Brain sounds like a grumpy old man.....
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Post by cashtango00on Mar 10, 2016 10:31am
157 Views
Post# 24643245

starting to see why Brain sounds like a grumpy old man.....

starting to see why Brain sounds like a grumpy old man.....What is the matter with you people? The stock is down because oil is down today.....its that easy. It isn't the wording of the financials or the lack of spit and polish on the PR. Oil has moved the stock up, oil moves the stock down....Jesus
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