19th Oct 2018 12:22
LONDON (Alliance News) - Carador Income Fund PLC on Friday said it will return USD13.5 million by way of compulsory partial redemption of up to 17.5 million shares.
The company will repurchase approximately 33% of its existing repurchase pool shares at USD0.7724 each.
In a separate statement on Friday, the company declared a USD0.0139 per share quarterly dividend in respect of the quarter ended September.
The dividend will be payable to shareholders on November 7.
Carador Income Fund shares were trading marginally lower at USD0.65 each.
Related Shares:
CIFU.L