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Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.PR.A

Financial Services Asset Management
The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.


TSX:BK - Post by User

Canadian Banc Corp > Banks taking a hit today, options expiry date
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Comment by flamingogoldon Dec 20, 2021 12:44pm
91 Views
Post# 34247301

RE:RE:Banks taking a hit today, options expiry date

RE:RE:Banks taking a hit today, options expiry dateNo volume on those prefs. Big spread between the bid/ask too. Hard to exit when you want out.

EdPaquette wrote: One bargain out there is osp.pr, it has a nav of 9.56 but you can buy it for 8.77


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