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 > Geo-jade shares halt trading to facilitate acquisitions

<< Previous

Bullboard Posts

Next >>

Comment by waitingstillon Sep 06, 2016 12:08am

212 Views

Post# 25208912

RE:Geo-jade shares halt trading to facilitate acquisitions

BargainHunter88 - thanks for that. So, is this halt just starting today? I know Geo was halted a while back but is this a new one? Could it be halted because of pending news? I don't really understand how a halt "facilitates the acquisition" of anything. It just means it is not trading. So I am wondering if you have any other information? TIA

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles