Big Banc Split Corp. (TSE:BNK) has released an update.
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Purpose Investments Inc. has declared May 2024 distributions for a variety of its funds, adjusting to the new T+1 settlement cycle for improved market efficiency and reduced risk. The majority of the open-end funds will have an ex-distribution date of May 29, with payments processed by June 4. Notably, certain funds retain the T+2 settlement cycle and have different ex-distribution dates.
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