BlackRock Income Trust Announces Renewal of Discount Management Program to Enhance Shareholder Value

BlackRock Income Trust, Inc. (BKT) has announced the renewal of its discount management program. If the fund's common shares trade at an average daily discount to net asset value of more than 7.50% during the 12-week measurement period, the fund will repurchase a minimum of 5% of its outstanding common shares at 98% of the fund's NAV. This program aims to enhance long-term shareholder value.