BlackRock Municipal 2030 Target Term Trust (BTT) Announces Renewal of Share Repurchase Program

BlackRock Municipal 2030 Target Term Trust (BTT) has reauthorized its share repurchase program, which will allow the trust to repurchase up to 5% of its outstanding common shares through November 30, 2026. The program aims to enhance shareholder value by purchasing shares trading at a discount to net asset value, contributing to the trust's objective of returning at least $25 per share to shareholders in 2030. The trust has a history of repurchasing $140 million in shares and achieving $19 million in NAV accretion, or $0.26 per share.