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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 Levent14on Oct 30, 2024 1:54pm
45 Views
Post# 36289165

RE:RE:RE:RE:RE:RE:RE:Canada not in great shape

RE:RE:RE:RE:RE:RE:RE:Canada not in great shapeLife gives people what they need, not what they want. Yes you right, productivity and company profits are essential but doesn't work for happiness for human beings. Canada richest nation on the world if you count all resorces, but doesn't leave any space or wealth for their dignity.

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