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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

Comment by ImFineThankson May 05, 2016 12:21pm
119 Views
Post# 24844708

RE:RE:RE:Got a call re BNK Vote

RE:RE:RE:Got a call re BNK Vote
yea, ok. you didn't use that word.

don't you just think it's possible that the board would be informing you? ...that they recommend it because they think it's a good deal for the company? bro... i got my letter and it came with a flyer which told me their position. i took it they were just reiterating their decision, not that they were desperately trying to convince me.

i don't know what the point of your comment is... seems like you're nervous. go ahead and sell your shares if that's the case. it's ONLY about 14% over 2 months, who gives a sh*t?
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