other_material
confidence high
sentiment positive
materiality 0.30
Clough Funds renew share repurchase programs; each may buy up to 5% of shares through June 30, 2026
Clough Global Equity Fund
- Clough Global Equity Fund (GLQ), Global Opportunities Fund (GLO), and Global Dividend & Income Fund (GLV) approved renewal.
- Each fund may repurchase up to 5% of outstanding common shares in open market through June 30, 2026.
- Since June 2023 through May 30, 2025: GLQ repurchased 386,500 shares, GLO 779,500, GLV 299,900.
- Program designed to enhance shareholder value when shares trade at a discount to NAV.
- Repurchase timing and amount at Adviser's discretion; no assurance of specific levels.
item 8.01