The Swiss Helvetia Fund, Inc. Buyback
OLI recorded this information on 12/16/2022
Company:
The Swiss Helvetia Fund, Inc.
Buyback:
SWZ buyback
Share Amount Authorized:
250,000
Buyback Details:
The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company, announced today that its Board of Directors has approved a stock repurchase program for 2023 pursuant to which the Fund may purchase up to 250,000 shares of its common stock. The principal purpose of the stock repurchase program is to enhance stockholder value by increasing the Fund's net asset value per share ("NAV") through stock repurchases at below NAV.
The Swiss Helvetia Fund is registered as a non-diversified, closed-end management investment company. The Fund seeks long-term growth of capital through investment in equity and equity-linked securities of Swiss companies.
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