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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 StockInvestor16on Aug 23, 2016 4:36pm
120 Views
Post# 25169435

RE:RE:RE:RE:RE:RE:Geo-Jade

RE:RE:RE:RE:RE:RE:Geo-Jade It is pretty obvious that you nayers have NOT spoke-EMAILED to the 2 individuals at IR nor verfied any of the SEDAR documents.  

Well it would make sense to try and shake the tree to pick up extra stock at a lower price, lol

Quantam's verbiage may not be per say the BEST of the BEST, although, read the facts and check them out.  They are in-line.

Nice hold today at 1.93.  Someone is buying the shares sold even though CIBC is raking in a penny shorting and buying back on a daily basis.  They dont want to get caught  having none.  Someone should report them to the CSC

Markets are doing rather good and some feel they can make money getting out and going elsewhere.  Too bad, so sad
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