Virtus Total Return Fund Inc. Announces Commencement of Tender Offer
Virtus Total Return Fund Inc. (ZTR)
US:NYSE Investor Relations:
virtus.com/products/virtus-global-dividend-income-fund-inc
Company Research
Source: Business Wire
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (“the Fund”) today announced that it has commenced a tender offer (“Tender Offer”) to acquire up to 10% of the Fund’s outstanding shares in exchange for cash at a price equal to 98% of the Fund’s net asset value (NAV) as of the close of regular trading on the business day immediately following the day the Tender Offer expires.The Tender Offer will expire at 5 p.m. (Eastern) on May 1, 2024 and the pricing date will be May 2, 2024, unless the Tender Offer is extended. If more than 10% of the Fund’s outstanding shares are tendered, the Fund will purchase its shares from all tendering shareholders on a pro rata basis, based on the number of tendered shares at a price equal to 98% of the Fund’s NAV.The Tender Offer is being made on the terms and subject to the conditions set forth in the Issuer Tender Offer Statement and related Letter of Transmittal that have been filed with the Securities and Exchange Commiss
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News
- Virtus Total Return Fund Inc. Announces Final Results of Tender OfferBusiness Wire
- Virtus Total Return Fund Inc. Announces Preliminary Results of Tender Offer [Yahoo! Finance]Yahoo! Finance
- Virtus Total Return Fund Inc. Announces Preliminary Results of Tender OfferBusiness Wire
- Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) NoticeBusiness Wire
- ZTR: Tender Offer Quick Notes [Seeking Alpha]Seeking Alpha
ZTR
Sec Filings
- 5/7/24 - Form SC
- 5/2/24 - Form SC
- 4/29/24 - Form NPORT-P
- ZTR's page on the SEC website