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0.00306445533358458 0.00306445533358458 0.00306445533358458 0.00306445533358458 0.00546551074255558 0.00754994346023364 0.00754994346023364 0.00754994346023364
Stock impact report

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases

The Central and Eastern Europe Fund, Inc. (The) (CEE) 
US:NYSE Investor Relations: cwu.edu
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 767,000, 1,610,000, and 677,000 shares, respectively (representing approximately 10% of each Fund’s current shares outstanding) for the twelve month period from August 1, 2019 through July 31, 2020. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.In addition, each Fund announced that its Board continues to reserve its discretion to determine if it would be appropriate to initiate a tender offer during the twelve month period from August 1, 2019 through July 31, 2020. Each Board intends to continue to consider this matter on a regular basis.For more inform Show less Read more
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