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ABRDN JAPAN EQUITY FUND, INC. (JEQ) ANNOUNCES COMMENCEMENT OF 50% CASH TENDER OFFER
Prnewswire·2025-08-02 04:17

PHILADELPHIA, Aug. 1, 2025 /PRNewswire/ -- abrdn Japan Equity Fund, Inc. (NYSE: JEQ), a diversified management investment company, announced today the commencement of the previously disclosed cash tender offer to purchase up to 7,072,985 shares, representing approximately 50% of the Fund's outstanding shares, at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as determined by the Fund on the next business day immediately following the expiration date of the tender offer (the " ...