The Board of Aberdeen Emerging Markets Investment Company (AEMC) has noted that for the three-year period ending 31 October 2017 the fund outperformed its benchmark index and its Direct Peer Group average. The Board has announced today proposals for a tender offer for up to 10% of the Company’s ordinary shares in issue at a price reflecting a discount of 3.5% to NAV. It has also declared a first interim dividend of 5.25p per share and anticipates that the total dividend for the year wil
20 Feb 2018
Increases dividend, announces tender offer
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Increases dividend, announces tender offer
- Published:
20 Feb 2018 -
Author:
Saumya Banerjee -
Pages:
3
The Board of Aberdeen Emerging Markets Investment Company (AEMC) has noted that for the three-year period ending 31 October 2017 the fund outperformed its benchmark index and its Direct Peer Group average. The Board has announced today proposals for a tender offer for up to 10% of the Company’s ordinary shares in issue at a price reflecting a discount of 3.5% to NAV. It has also declared a first interim dividend of 5.25p per share and anticipates that the total dividend for the year wil