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0 0.000124937531234269 0.000624687656171879 0.000374812593703163 0.000999500249875041 0.000374812593703163 0.0022488755622188 0.00499750124937521
Stock impact report

Premium Income Corporation Announces Successful Overnight Offering [Canadian Business Journal (Canada)]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Premium Income Corporation Announces Successful Overnight Offering, The Canadian Business Journal makers Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Jan. 15, 2019 (GLOBE NEWSWIRE) — (TSX: PIC.A; PIC.PR.A) – Premium Income Corporation (the “Fund”) is pleased to announce a successful overnight treasury offering of 694,000 Preferred Shares and 694,000 Class A Shares. Gross proceeds of the offering are expected to be approximately $14.6 million. The offering is expected to close on or about January 22, 2019 and is subject to certain conditions including approval by the Toronto Stock Exchange (“TSX”). The Preferred Shares were offered at a price of $14.60 per Preferred Share and the Class A Shares were offered at a price of $6.40 per Class A Share. Since the inception of the Fund, the aggregate dividends declared on the Preferred Shares is $19.40 per shares and the aggregate dividends declared on the Class A Shares is $24.81 per shar Show less Read more
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