other material
confidence high
sentiment neutral
materiality 0.50
Clough Global funds authorize 5% open-market share repurchase programs
Clough Global Dividend & Income Fund
- Each of GLQ, GLO, and GLV may repurchase up to 5% of outstanding shares over one year starting June 5, 2023.
- Programs designed to buy shares at discounts to NAV; chairman cites current discounts as beneficial.
- Repurchases subject to market conditions, exchange requirements, and discretion of the advisor.