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

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TSX:BNK - Post Discussion

Big Banc Split Corp > New - Rookie Question

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Post by slowandsteadyca on Apr 04, 2016 2:48pm

New - Rookie Question

Hey all. I have approx 8K common shares in BNK. Please entertain a rookie question: I am on the east coast and am not interested in travelling out west to a meeting. Two questions: 1) If I wanted to, could I? Like could I show up and say I'm slow and steady I have shares let me in? 2) Can common shareholders vote remotely or through proxy? Normally I don't receive individual shareholder information but of course I'm very interested in the result of this shareholder's meeting.

I know in the grand scheme of things my voice isn't very loud, but should I contact my brokerage or what? What happens to voting shares where the owner doesn't do anything. Are they not included in the vote?

I'll stop asking questions now. Thanks in advance if anyone's willing to shine some light.

Regards

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Comment by ChupacabraBueno on Apr 04, 2016 3:23pm

You could show up & they would let you in, but it wouldn't be worth the trouble. You can vote remotely (the usual scenario) They will contact you to solicit your vote. When they contact you they will advise what will happen with your vote in the event that you fail to vote.

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