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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

Post by oThedave2oo6on Mar 31, 2016 4:19pm
262 Views
Post# 24716984

BNK INSIDERS BUYING BIG $1.84 Cash Deal $2.20 Bnk.

BNK INSIDERS BUYING BIG $1.84 Cash Deal $2.20 Bnk.
Bankers Petro Insiders BUY BIG as THEY say $2.20 Buyout
 21% Profit coming to Smart Investors who bought Thursday $1.82 to $2.20 Cash Buyout
INSIDERS BUYING after DEAL $2.20 CASH BUYOUT  annoucement
23 March
CFO, Douglas Charles - on market - 20,000 shares @ C$1.84
CEO, David French - on market - 20,000 shares @ C$1.83
Corporate Sec, Richard Walter - on market - 25,000 shares @ C$1.84
Corporate Sec, Richard Walter - on market - 55,000 shares @ $1.83
Corporate Sec, Richard Walter - on market - 26,900 shares @ 
24 March 
COO/ Executive VP, Suneel Gupta - on market - 100,000 shares @ C$1.83
VP of Engineering, Londan Bayne - on market - 20,000 shares @$1.82
VP of Operations, Carl Gustafsson - on market - 25,000 shares @$1.82
Bankers Petro Deal is done and the buyer will purchase @ C$2.20.
Bankers petroleum Insiders would not keep purchasing @ market prices unless they know something...SO  THEY  BUY  BUY  BUY  actions speak louder, THAN  FREE  STOCKHOUSE  LOL
more purchases by Insiders coming for sure 
.......
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