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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > buyout chatter
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Post by jutah70 on Feb 02, 2016 8:22pm

buyout chatter

Doesn't BNK have a poison pill in place? I thought they implemented one last oil downturn.
Comment by bmeister2 on Feb 03, 2016 10:11am
They did one Time,I believe, but it is likely so well "digested" in this climate that it would be unrecognizable, if you get what I mean. Money talks, more than usual as we speak.