IN BRIEF: BlackRock Greater Europe plans no semi-annual tender offer
Blackrock Greater Europe Investment Trust PLC - investment trust focused on small, mid and large-cap European companies - Decides not to implement a semi-annual tender offer in November. Notes that shares traded at an average 6.72% discount to net asset value including income in the six months to August 31, wider than the 5.37% average discount for its peer group. The discount to cum-income NAV, diluted for treasury shares, stood at 7.63% at September 18. During the six-month period, the company bought back 2.6 million shares, 2.8% of its issued share capital. Read More