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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 > Nice move
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Comment by Brotherstockbigon Mar 27, 2024 10:35am
175 Views
Post# 35955325

RE:RE:RE:RE:Nice move

RE:RE:RE:RE:Nice move Thank you... Finally I opted for your solution because my purchase price would have become lower than the opening price because I had held BK for a few days and the final result is... sir is happy and I see my profits soar. ......I did the same scenario with FFN

Merci deisman03
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