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GF Buyback image

The New Germany Fund, Inc. Buyback

OLI recorded this information on 7/25/2016

Company: The New Germany Fund, Inc.
Buyback: GF buyback
Share Amount Authorized: 796,000
Buyback Details: The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds") each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 847,000, 1,596,000, and 796,000 shares, respectively (representing approximately 10% of each Fund's current shares outstanding), for the twelve month period from August 1, 2016 through July 31, 2017. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.

New Germany Fund is registered as a diversified, closed-end management invesment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities.
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GF — Key Stats (updated 5 hours, 23 minutes ago)
Company Name:  New Germany Fund, Inc.
Stock buyback:  GF buyback
Website:  www.dws.com
Sector:  Investment Companies & Venture Capital
Number of ETFs Holding GF:  2
Total Market Value Held by ETFs:  $479129
Total Market Capitalization:  $288.00M
% of Market Cap. Held by ETFs:  0.17%
 

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April 19, 2024  •  3:51 PM Eastern
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