BME: Offer to buy back shares, Oct 16, 2024
The fund offered to buy back 2.5% of its shares at 98% of value, until Nov 18, 2024.
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 Nov 18, 2024; 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
- Oct 16, 2024
- Fund
- BME - BlackRock Health Sciences Trust
- Terms
- 2.5% of shares, at 98% of the value of the holdings, until Nov 18, 2024
- What
- Offer to buy back shares
- Document number
- 0001193125-24-238160
Open the original document at the SEC →
We read this document automatically. If something looks wrong, the original is the one that counts.