ABRDN JAPAN EQUITY FUND, INC. (JEQ) ANNOUNCES COMMENCEMENT OF 50% CASH TENDER OFFER
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2025
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Source: Yahoo Finance
Tender Offer Announcement: abrdn Japan Equity Fund, Inc. has initiated a cash tender offer to buy back up to 7,072,985 shares, approximately 50% of its outstanding shares, at 98% of the net asset value per share, starting from August 1, 2025, and expiring on September 2, 2025.
Share Purchase Conditions: The Fund will prioritize purchasing shares from stockholders with odd lots (99 shares or fewer) before proceeding with pro rata purchases if more than the offered amount is tendered; additional details are available through the Fund's information agent and SEC filings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
