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.

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Canadian Banc Corp > re split

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Comment by SueBee2772on Jul 13, 2023 5:00pm

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Post# 35540170

RE:re split

It tanked as far as $3.16 Feb. 1 2009 then by June 1 same year was up to $9.25. Moral of the story, if it ever tanks that badly scoop some up as fast as you can before you miss your window of opportunity. Don't worry the sky isn't falling. It will be ok.

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They started in video game investing, now they serve high net worth traders