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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

Canadian Banc Corp > Part 2
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Comment by marketsenseon Aug 05, 2023 1:13am
143 Views
Post# 35574573

RE:RE:RE:Part 2

RE:RE:RE:Part 2Thank you also for your kind words.  Its been a distinct pleasure of mine in reading
your posts if even I don't always share the same outlook.   On BK,  you have nailed
it dead on.  

MS
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