BSTZ: Offer to buy back shares, Jan 23, 2025
The fund offered to buy back 2.5% of its shares at 98% of value, until Feb 24, 2025.
Do I need to do anything? The fund will buy back up to 2.5% of its shares at 98% of the value of its holdings. If you want to sell at that price, tell your broker to tender ALL your shares before Feb 24, 2025; if more people tender than the fund will take, everyone is cut back in proportion, so tendering everything gets you the most. If you hold fewer than 100 shares, you are usually not cut back. If you do nothing, you keep your shares. This is information, not advice.
- Date
- Jan 23, 2025
- Fund
- BSTZ - BlackRock Science & Technology Term Trust
- Terms
- 2.5% of shares, at 98% of the value of the holdings, until Feb 24, 2025
- What
- Offer to buy back shares
- Document number
- 0001193125-25-011489
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