Canadian Banc Corp.

BK

CA13536V1076

Mutual Funds

Market Closed - Toronto S.E. Other stock markets 01:29:47 26/06/2024 am IST			5-day change	1st Jan Change
10.91 ^CAD	-0.14%		-0.32%	+4.60%

19/06	Canadian Banc Corp. Declares Monthly Dividend Declaration for Class A Share, Payable on July 10, 2024	CI
27/05	Canadian Banc Corp. (TSX:BK) announces an Equity Buyback for 2,968,093 shares, representing 9.99% of its issued share capital.	CI

Canadian Banc Corp. (TSX:BK) announces an Equity Buyback for 2,968,093 shares, representing 9.99% of its issued share capital.

May 28, 2024 at 12:14 am IST

Canadian Banc Corp. (TSX:BK) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,968,093 class A shares, representing 9.99% of its total shares outstanding.

The repurchased shares will be cancelled. The bid will expire on May 28, 2025. As of May 15, 2024, the company had 29,714,699 class A shares issued and outstanding.

Latest news about Canadian Banc Corp.

Canadian Banc Corp. Declares Monthly Dividend Declaration for Class A Share, Payable on July 10, 2024	20/06	CI
Canadian Banc Corp. (TSX:BK) announces an Equity Buyback for 2,968,093 shares, representing 9.99% of its issued share capital.	28/05	CI
Canadian Banc Corp. authorizes a Buyback Plan.	27/05	CI
Canadian Banc Corp. Declares Monthly Dividend for Class A Share, Payable on June 10, 2024	16/05	CI
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable on May 10, 2024	23/04	CI
Canadian Banc Corp Declares Monthly Distribution for Each Class A Share, Payable on April 10, 2024	18/03	CI
Canadian Banc Corp. Reports Earnings Results for the Full Year Ended November 30, 2023	26/02	CI
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable on March 8, 2024	16/02	CI
Canadian Banc Reports Renewal of At-The-Market Equity Program	22/01	MT
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable on February 9, 2024	18/01	CI
Canadian Banc Corp. Declares Monthly Distribution for Each Class A Share, Payable on January 10, 2024	20/12	CI
Canadian Banc Raises $85 Million In Preferred Shares Offering	23/11	MT
Canadian Banc Corp. Monthly Dividend Declaration for Class A Share, Payable on December 8, 2023	21/11	CI
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable November 10, 2023	20/23/20	CI
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable October 10, 2023	22/23/22	CI
Canadian Banc Corp. Declares Monthly Distribution for Class A Share, Payable on September 8, 2023	18/23/18	CI
Canadian Banc Corp. Reports Earnings Results for the Half Year Ended May 31, 2023	28/23/28	CI
Canadian Banc Corp. Declares Monthly Dividend on Class A Shares, Payable on August 10, 2023	18/23/18	CI
Canadian Banc Corp. Declares Monthly Dividend on Class A Shares, Payable on July 10, 2023	20/23/20	CI
Canadian Banc Corp. (TSX:BK) announces an Equity Buyback for 2,204,842 shares, repesenting 4.97% of its issued share capital.	25/23/25	CI
Canadian Banc Corp. authorizes a Buyback Plan.	25/23/25	CI
Canadian Banc Corp. Declares Monthly Dividend on Class A Shares, Payable on June 9, 2023	18/23/18	CI
Canadian Banc Corp. Declares Monthly Distribution of on Class A Share, Payable on May 10, 2023	19/23/19	CI
Canadian Banc Corp. Declares Monthly Dividend for Class A Share, Payable on April 10, 2023	21/23/21	CI
Canadian Banc Corp. Reports Earnings Results for the Full Year Ended November 30, 2022	24/23/24	CI

Chart Canadian Banc Corp.

Duration

Period

More charts

Company Profile

Canadian Banc Corp is a Canada-based mutual fund company. The Company's investment objective of the preferred shares is to provide holders with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the prevailing Canadian prime rate plus 1.5%, with a minimum annual rate of approximately 5% and a maximum annual rate of 8% based on the $10 repayment value. The investment objective of the Class A shares is to provide holders with monthly cash distributions targeted to be at a rate of approximately 15% annualized based on the volume-weighted average market price of the Class A shares for the last three trading days of the preceding month. It invests in a portfolio of common shares, which include Canadian chartered banks. It may also invest up to 20% of the net asset value in equity securities of Canadian or foreign financial services corporations other than the core holdings. Quadravest Capital Management Inc. is the investment manager of the Company.

Sector

Mutual Funds

Calendar

24/07/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Other Mutual Funds

	1st Jan change	Capi.
CANADIAN BANC CORP.	+4.60%	24Cr
GUGGENHEIM ACTIVE ALLOCATION FUND	+0.61%	49Cr
NORTH AMERICAN FINANCIAL 15 SPLIT CORP.	+28.34%	22Cr
DIVIDEND GROWTH SPLIT CORP.	+20.51%	20Cr
PURPOSE ETHER STAKING CORP. ETF	+121.53%	15Cr
GLOBAL DIVIDEND GROWTH SPLIT CORP.	+12.64%	12Cr
IMMORENTE INVEST S.A.	+0.53%	8.48Cr

Other Mutual Funds