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Canadian Banc Corp T.BK

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

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

Comment by Kadiddelhopperon Apr 16, 2023 1:13pm
138 Views
Post# 35397398

RE:RE:Success must be punished

RE:RE:Success must be punished With the skill of making money he should be awarded  THe Minister of Finance..federally... Canada needs more of that skill, but sadly, we tend to be jealous and punitive in addition to highly judgmental of success by Individuals in particular. Never mind... he will do alright and a whole lot better than most if not all the commenters on this and other Boards., me includede. But I do applaud his expertise !
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