other material
confidence high
sentiment neutral
materiality 0.40
Clough Global funds renew 5% open-market share repurchase programs through June 2027
Clough Global Dividend & Income Fund
- Three Clough closed-end funds (GLV, GLQ, GLO) renewed authority to buy up to 5% of outstanding shares through June 30, 2027.
- Original program approved June 2023; renewed annually; designed to buy when shares trade at discount to NAV.
- Cumulative repurchases since June 2023: GLV 299,900, GLQ 386,500, GLO 779,500 shares through May 30, 2026.
- Repurchases at discretion of adviser based on market conditions; no minimum purchase commitment.