Clough Global Opportunities Fund announces an Equity Buyback for 5% of its issued share capital.
June 02, 2023 at 12:00 am EDT
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Clough Global Opportunities Fund (NYSEAM:GLO) announces a share repurchase program. Under the program, the company will repurchase up to 5% of its outstanding common shares. The purpose of the program is to enhance shareholder value. The repuchases will begin on June 5, 2023 and will continue for one-year period.
Clough Capital Partners L.P. acted as investment adviser to the Funds.
Clough Global Opportunities Fund (the Fund) is a closed-end management investment company. The Fundâs investment objective is to provide a high level of total return and current income. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed-income securities, including both corporate and sovereign debt. Its investment portfolio includes common stocks, preferred stocks, corporate bonds, convertible corporate bonds, asset-backed securities, convertible corporate bonds, and government and agency obligations. It invests in various sectors, such as consumer discretionary, energy, financials, healthcare, industrials, information technology, real estate, and communications services. The Fund holds investments in various countries, including the United States, China, France, Germany, Switzerland, Canada, and Hong Kong. Investment advisor of the Fund is Clough Capital Partners L.P.
CLOUGH GLOBAL OPPORTUNITIES FUND 
