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Slideshow Stock Buybacks

By The Online Investor Staff, updated Tue., Jul. 26, 3:46 PM

Slide #2. The New Germany Fund, Inc.

Company: The New Germany Fund, Inc. (NYSE:GF)
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 non-diversified, closed-end management invesment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. As of Dec 31 2015, the Fund's total investment portfolio was $283,540,946 and total assets was $284,026,788.
Open the GF Page at The Online Investor »

Company Name:  New Germany Fund, Inc.
Stock buyback:  GF buyback
Sector:  Investment Companies & Venture Capital

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

July 26, 2016    3:46 PM Eastern
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