Research analysts covering ABRDN JAPAN EQUITY FUND.
Recent press releases and 8-K filings for JEQ.
abrdn Japan Equity Fund Announces Preliminary Tender Offer Results
JEQ
Share Buyback
- abrdn Japan Equity Fund, Inc. (JEQ) announced the preliminary results of its cash tender offer, which expired on September 2, 2025.
- The offer sought to purchase up to 7,072,985 shares, representing approximately 50% of the Fund's outstanding shares.
- The tender offer was oversubscribed, with approximately 10,781,895 shares or 76.2% of the Fund's outstanding stock tendered.
- Due to oversubscription, the number of shares purchased will be pro-rated, and the purchase price will be 98% of the Fund's net asset value per share (NAV) as of September 3, 2025.
Sep 3, 2025, 12:17 PM
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