5Banc Split Inc.

5Banc Split Inc.

August 04, 2011 17:50 ET

5Banc Split Inc. Retains TD Securities Inc.

TORONTO, ONTARIO--(Marketwire - Aug. 4, 2011) - 5Banc Split Inc. (TSX:FBS.B)(TSX:FBS.PR.B) (the "Company") announced today that its Board of Directors has retained TD Securities Inc. to advise the Company on a possible extension and reorganization of the Company. There is no guarantee that after such review an extension will be proposed or if proposed, will be approved by shareholders.

5Banc Split was established to generate dividend income for the Preferred Shares while providing holders of the Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank. Information concerning 5Banc Split Inc. is available on our website at www.tdsponsoredcompanies.com.

The Capital Shares and Preferred Shares of 5Banc Split are listed on the Toronto Stock Exchange under the symbols FBS.B and FBS.PR.B respectively.

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  • 5Banc Split Inc.
    Investor Relations