Closed-end Funds Renew Share Repurchase Programs Through June 2026
ByAinvest
Friday, Jun 13, 2025 7:04 am ET1min read
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Since the inception of these programs, GLV, GLQ, and GLO have repurchased 299,900, 386,500, and 779,500 shares, respectively. The amount and timing of future repurchases will be determined by the Adviser, subject to market conditions and investment considerations. The programs are designed to enhance shareholder value by permitting the Funds to purchase their shares when trading at a discount to their net asset value per share.
The Boards will continue to monitor the share repurchase programs, considering various strategic options to enhance shareholder value in the long term. The Funds' repurchase activity will be disclosed in their annual and semi-annual reports to shareholders. Investors are reminded to carefully consider the investment objectives, risks, charges, and expenses of the Funds before investing. To obtain a Fund's prospectus, annual report, or semi-annual report, visit www.cloughcefs.com or call (855) 425-6844.
References:
[1] https://www.nasdaq.com/press-release/clough-closed-end-funds-announce-renewal-share-repurchase-programs-2025-06-13
[2] https://www.cloughcapital.com
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Clough Capital Partners L.P. announced that the Boards of Trustees of three closed-end funds have renewed their share repurchase programs, allowing them to purchase up to 5% of their outstanding common shares in open market transactions through June 30, 2026. Since the programs' inception, GLV, GLQ, and GLO have repurchased 299,900, 386,500, and 779,500 shares, respectively. The amount and timing of repurchases will be at the discretion of the Adviser, subject to market conditions and investment considerations.
Clough Capital Partners L.P. has announced the renewal of share repurchase programs for three of its closed-end funds. The Boards of Trustees of the Clough Global Equity Fund (GLQ), Clough Global Opportunities Fund (GLO), and Clough Global Dividend & Income Fund (GLV) have extended their share repurchase programs, allowing them to purchase up to 5% of their outstanding common shares in open market transactions through June 30, 2026. The programs were originally approved in June 2023 and have been renewed annually thereafter.Since the inception of these programs, GLV, GLQ, and GLO have repurchased 299,900, 386,500, and 779,500 shares, respectively. The amount and timing of future repurchases will be determined by the Adviser, subject to market conditions and investment considerations. The programs are designed to enhance shareholder value by permitting the Funds to purchase their shares when trading at a discount to their net asset value per share.
The Boards will continue to monitor the share repurchase programs, considering various strategic options to enhance shareholder value in the long term. The Funds' repurchase activity will be disclosed in their annual and semi-annual reports to shareholders. Investors are reminded to carefully consider the investment objectives, risks, charges, and expenses of the Funds before investing. To obtain a Fund's prospectus, annual report, or semi-annual report, visit www.cloughcefs.com or call (855) 425-6844.
References:
[1] https://www.nasdaq.com/press-release/clough-closed-end-funds-announce-renewal-share-repurchase-programs-2025-06-13
[2] https://www.cloughcapital.com
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