Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 braincloudon Sep 09, 2016 3:53pm
130 Views
Post# 25223463

RE:RE:RE:RE:Have a look at PNN. Richard Wadsworth a director !

RE:RE:RE:RE:Have a look at PNN. Richard Wadsworth a director !I'd say the biggest influencer was the price of oil . The Albanian distraction was just that, a distraction.  
The bid probably saved our respective arses. The outcome of the audit came just like the SAFE approval with the goodness of time. Sure it got some rattled thinking that the Albs could ruin it by rewriting the petroleum agreement , but as it turned out . Once the IMF came in and do their audit putting them on point with the ways of the new world order , that too was inevitable. It's a bummer that the takeover took place when the stock was on its knees . Also unfortunate that many of long time posters are likely still down ( myself included ) but it could have been much worse. I could have owned any number of oil stocks that are still down HUGE from their highs. So it goes .
<< Previous
Bullboard Posts
Next >>