The Online Investor
BHK Buyback image

BlackRock Core Bond Trust Buyback

OLI recorded this information on 11/15/2023

Company: BlackRock Core Bond Trust
Buyback: BHK buyback
Share Amount Authorized: 5% of current outstanding shares
Buyback Details: BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of fifty BlackRock municipal, taxable fixed income, equity, and multi-asset closed-end funds (the "Funds") have authorized the renewal of open market share repurchase programs (the "Repurchase Programs"). Under each Fund's current Repurchase Program, each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2022) in open market transactions. Pursuant to the Boards' renewal of the Repurchase Programs, commencing on December 1, 2023, each Fund may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2023) in open market transactions through November 30, 2024. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value ("NAV") per share, which could result in incremental accretion to a Fund's NAV. The Boards have authorized the renewal of a Repurchase Program for the following Funds: (data in chart)

BlackRock Core Bond Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income and capital appreciation. The Trust seeks to achieve its investment objective by investing at least 75% of its managed assets in bonds that are investment grade quality at the time of investment. The Trust's investments will include a range of bonds, including corporate bonds, United States government and agency securities and mortgage-related securities.
Open the BHK Page at The Online Investor »

Company Name: 
BlackRock Core Bond Trust
Stock buyback: 
BHK buyback
Website: 
www.blackrock.com
Sector: 
Investment Companies & Venture Capital
Number of ETFs Holding BHK: 
1
Total Market Value Held by ETFs: 
$5.29M
Total Market Capitalization: 
$290.00M
% of Market Cap. Held by ETFs: 
1.82%
 

Open the BHK Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree BHK Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

BHK Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.