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Abrdn's Emerging Markets Equity Income Fund received a tender of 72.4% of its shares, exceeding its 20% buyback offer.
The abrdn Emerging Markets Equity Income Fund (AEF) announced preliminary results of its cash tender offer for up to 20% of its outstanding shares, which expired on February 20.
Approximately 72.4% of the fund's shares were tendered, far exceeding the offer.
The fund will accept up to 10,150,355 shares at 98% of the net asset value as of February 21, with the final number to be announced later.
Share prices may fluctuate.
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El Fondo de Rentas Equitativas de Mercados Emergentes de Abrdn recibió una oferta del 72,4% de sus acciones, superando su oferta de recompra del 20%.