CANADIAN BANC CORP overview

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13488 for each Class A share and $0.06667 for each Preferred share. Distributions are payable May 10, 2024 to shareholders on record as at April 30, 2024. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class A...

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.12913 for each Class A share and $0.06667 for each Preferred share. Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class A...

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. ("the Company") announces that its annual financial statements and management report of fund performance for the year ended November 30, 2023 are now available on the Company's website at www.canadianbanc.com and will also be available on www.sedarplus.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.canadianbanc.com. Investor Relations:...

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13250 for each Class A share and $0.06667 for each Preferred share. Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class A...

TORONTO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until June 18, 2025, unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in May 2023 that has terminated. Any Class A Shares or Preferred Shares sold in...

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13138 for each Class A share and $0.06667 for each Preferred share. Distributions are payable February 9, 2024 to shareholders on record as at January 31, 2024. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class...

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.12263 for each Class A share and $0.06667 for each Preferred share. Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the...

TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering were $85.0 million. The Preferred Shares will begin trading on the Toronto Stock Exchange under the existing symbol of BK.PR.A. The Preferred Shares were offered at a price of $9.80 per Preferred Share to yield 8.16%. The offering was led by National Bank Financial...