IN BRIEF: Fidelity Emerging Markets notes results of tender offer

Fidelity Emerging Markets Fund Ltd - investment firm - In tender offer to repurchase up to 25% of ...

Alliance News 18 October, 2021 | 9:18PM
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Fidelity Emerging Markets Fund Ltd - investment firm - In tender offer to repurchase up to 25% of company's capital, 103.3 million redeemable preference shares were tendered. However, the company will purchase 30.4 million shares at a price equal to 98% of its net asset value per share as at 2200 BST on Monday.

Current stock price: 830.00 pence

Year-to-date change: down 6.7%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Fidelity Emerging Markets Ord 753.33 507

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