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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 > RE NYCB
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Comment by NoShoesNoShirton Mar 06, 2024 6:52pm
80 Views
Post# 35919312

RE:RE:RE NYCB

RE:RE:RE NYCB
flamingogold wrote: BK does not hold NYCB. Go to Yahoo and post your comment on the appropriate board.

deisman03 wrote: Yup, but it's still in the low THREE range, without anything significant to show for the bounce. 

GLTA the good folks here



I'm glad deisman03 posted above nycb, only because last year svb somehow dragged down all American and Canadian banks.  The contagion didn't take off this time.....

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