CORRECTION - Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share
| The Manila Times
TORONTO, May 21, 2026 (GLOBE NEWSWIRE) -- In a prior communication disseminated on May 21, 2026 regarding the May 29, 2026 dividend declaration for BK Class A Shares, the VWAP used to determine the payment rate was not adjusted for the May 19, 2026 Class A Share Split (1.1 for 1). Accordingly, the final dividend payable for the May 29, 2026 record date is $0.16900 per BK Class A Share, revised from the previously disclosed $0.18588. The payment rate is based on 15% of the adjusted VWAP for the last three trading days of the preceding month. The total distributions to date were impacted and have also been amended. No other changes have been made. The corrected release follows: