Delaware Enhanced Global Dividend and Income Fund announces an Equity Buyback for 94,367 shares, representing 5% of its issued share capital.
June 02, 2021 at 09:30 am IST
Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) announces a share repurchase program. Under the offer, the company will repurchase 594,367 shares, representing 5% of its issued share capital. The purpose of the offer is to provide liquidity opportunity to shareholders. The offer will be funded from any cash on hand and then from the proceeds of sales of securities in the Fund’s investment portfolio or from the Fund’s credit arrangements. The plan will expire on June 29, 2021. As of May 27, 2021, there were 11,887,335 Shares issued and outstanding.
Computershare Trust Company, N.A. acted as a depository, Georgeson LLC acted as an information agent and BNY Mellon Investment Servicing (US) Inc acted as a transfer agent to the company.