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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...
. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.
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TSX:BNK - Post Discussion
Big Banc Split Corp
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dubsbs
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Post by
dubsbs
on May 26, 2016 7:34am
???
When are voting results to be released
(96)
•••
uograd
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Comment by
uograd
on May 26, 2016 8:57am
the shareholder meeting is next Tuesday afternoon in Calgary. Voting results will be released then.
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