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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 > Bnk will be removed from tsx
View:
Post by Bigpond on Sep 12, 2016 9:23pm

Bnk will be removed from tsx

https://www.marketwatch.com/story/sp-dow-jones-indices-announces-changes-to-the-sptsx-canadian-indices-2016-09-12-17202150
Comment by snake123 on Sep 12, 2016 9:27pm
This post has been removed in accordance with Community Policy
Comment by dubsbs on Sep 13, 2016 6:21am
Well snake ...you will just have to go the the chinese board.......good luck with that ....there crazier then even you are.....
Comment by PUNJABI on Sep 13, 2016 7:54am
It does not mean that the stock will be delisted from trading on TMX exchange. What is happening is replacing of different indices. BNK will be dropped from S&P/TSX SmallCAP index. Every quarter there is a rebalancing of indices where certain stocks are deleted & other added to the indices.  In most cases the rebalancing is done biased on qualification criteria. The companies that ...more  
Comment by Bigpond on Sep 13, 2016 8:48am
Hey guys, sorry for creating the unnecessary excitement. I wish I had gone through the information carefully before sharing it. This is what happens when posters from Redflagdeals try to post things on stock house. I guess we need to wait more for our $2.20. GLTA.
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