Clough Closed-End Funds Announce Renewal of Share Repurchase Programs
Clough Closed-End Funds Announce Renewal of Share Repurchase Programs
DENVER, CO / ACCESSWIRE / June 5, 2024 / The Boards of Trustees (the "Boards") of the following closed-end funds (the "Funds") advised by Clough Capital Partners L.P. (the "Advisor" or "Clough Capital") announced today that each Fund has renewed its share repurchase program under which it may purchase, through June 30, 2025, up to 5% of its outstanding common shares in open market transactions:
以下封闭式基金的受托人董事会决定续订股票回购计划,即基金可以在公开市场交易中回购其未分配普通股,截至2025年6月30日,回购数量不超过其未分配普通股的5%:
- Clough Global Equity Fund (AMEX:GLQ)
- Clough Global Opportunities Fund (AMEX:GLO)
- Clough Global Dividend & Income Fund (AMEX:GLV)
- clough global equity fund(AMEX:GLQ)
- clough global opportunities fund(AMEX:GLO)
- clough global dividend and income fund(AMEX:GLV)
The share repurchase programs were originally approved in June 2023 and are designed to enhance shareholder value by permitting the Funds to purchase their shares when trading at a discount to their net asset value per share. Charles I Clough, Jr., Chairman of the Advisor, commented "Considering that the Funds traded at a premium as recently as September 2022, we are happy to continue the share repurchase program that we've actively utilized since implementation in June 2023."
这些股票回购计划最初于2023年6月获得批准,旨在让基金在其净资产价值每股低于市价时购买其股份以增加股东价值。基金顾问Clough Capital的主席Charles I.Clough Jr.评论道:“考虑到这些基金最近在2022年9月还以溢价交易,我们很高兴能够继续这项股票回购计划,这是我们自2023年6月实施以来积极利用的计划。”
The amount and timing of repurchases will be at the discretion of the Advisor, subject to market conditions and investment considerations. There is no assurance that the Funds will purchase shares at any particular discount levels or in any particular amounts. Any repurchases made under these programs will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and volume, timing and other limitations under federal securities laws. The Funds' repurchase activity will be disclosed in the annual and semi-annual reports to shareholders. The Boards will monitor, on an ongoing basis, the share repurchase programs and continue to consider a range of strategic options to enhance shareholder value in the long-term. Since the June 2023 commencement of the share repurchase programs, GLV, GLQ and GLO have repurchased 255,600, 341,800 and 733,800 shares, respectively.
回购总量和时机由基金顾问自行决定,取决于市场情况和投资考虑。基金不能保证以任何特定的折扣率或特定的数量购买股份,任何在这些计划下的回购均应在国家证券交易所按市场价值进行,同时符合交易所要求,以及联邦证券法律下的成交量、时机和其他限制。基金的回购行为将在年度和半年度报告中披露,董事会将持续监控股票回购计划,并考虑一系列战略性选项以增加股东长期价值。自2023年6月启动股票回购计划以来,GLV、GLQ和GLO分别已回购了255,600股、341,800股和733,800股。
Certain statements made on behalf of the Funds may be considered forward-looking statements. The Funds' actual results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in the general markets or the Funds' investments specifically. Neither the Funds nor the Advisor undertake any responsibility to update publicly or revise any forward-looking statement.
基金可能将某些陈述作为前瞻性陈述考虑。基金的实际结果可能因许多因素与任何前瞻性陈述有所不同,包括但不限于一般市场或基金特定投资价值下跌。基金和顾问不承担更新任何前瞻性陈述的责任。
Clough Capital Partners L.P.
Clough Capital Partners L.P.
Clough Capital, which serves as investment adviser to the Funds, is a global multi-strategy alternative asset management firm founded in 1999 that manages over $1.2 billion in assets as of March 31, 2024. Clough Capital employs fundamental research to invest in public and private markets, across various asset classes and manage an array of strategies for its clients. More information is available at .
作为基金的投资顾问,Clough Capital是一家全球多元策略的另类资产管理公司,成立于1999年,截至2024年3月31日,管理着超过12亿美元的资产。Clough Capital通过基础研究来投资于公开市场和私人市场,涵盖各种资产类别,并管理各种策略为其客户服务。更多信息请访问 。
An investor should consider the investment objectives, risks, charges and expenses carefully before investing in a Fund. To obtain a Fund's prospectus, annual report or semi-annual report, which contains this and other information visit or call (855) 425-6844. Read them carefully before investing.
投资者在投资基金之前应仔细考虑投资目标、风险、费用和开支。要获取基金的招募说明书、年度报告或半年度报告等包含此信息和其他信息,请访问 或致电(855)425-6844。在投资之前,请仔细阅读这些信息。
This press release is not a solicitation to buy or sell fund shares. Each Fund is a closed-end fund, which does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, each Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value and often trade at a discount to their net asset value, which can increase an investor's risk of loss. All investments are subject to risk, including the risk of loss.
此新闻稿不是要求购买或出售基金的股票。每个基金都是封闭式基金,不像开放式基金那样不断发行股票进行销售。自首次公开发行以来,每个基金现在都在二级市场交易。希望买入或卖出股票的投资者需要通过中介或经纪人下订单。封闭式基金的股票价格基于市场价值,并且往往以低于其净资产价值的价格交易,这可能会增加投资者的风险。所有投资都存在风险,包括亏损的风险。
Inquiries: (855) 425-6844 or cloughclientinquiries@paralel.com.
查询:(855)425-6844或cloughclientinquiries@paralel.com。
SOURCE: Clough Global Closed-End Funds
来源:Clough Global Closed-End Funds