Korea Fund Aktie

NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Korea Fund, Inc. (the “Fund”) (NYSE: KF) today announced the preliminary results of the Fund's tender offer. As previously announced, the Fund conducted a tender offer to purchase for cash up to 12.5% of its issued and outstanding common stock, at a price equal to 98.5% of its net asset value (“NAV”) per share determined on the expiration date. The Fund's tender offer expired at 5:00 p.m. New York City time, on Monday, Septe. » Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)--The Korea Fund, Inc. (the “Fund”) (NYSE: KF) announced today that the tender offer (the “Tender Offer”) to purchase for cash up to 12.5% of the Fund's issued and outstanding common stock, at a price per share equal to 98.5% of the net asset value per share, determined on the date the tender offer expires, will commence on Friday, August 16, 2024 and expire, unless otherwise extended, at 5:00 p.m., New York City Time, on Monday, September 16, 2024. The Fund's Board of. » Mehr auf businesswire.com

The closed-end Korea Fund has benefited from a narrowing NAV discount. Expect more of the same ahead of a potentially catalyst-rich next few months. Despite its flaws, KF ticks a lot of boxes as a Korean large-cap play. » Mehr auf seekingalpha.com