Middlefield Healthcare & Wellness Dividend Fund announces an Equity Buyback for 1,078,551 units, representing 9.93% of the units outstanding.
November 01, 2017 at 12:00 am EDT
Middlefield Healthcare & Wellness Dividend Fund announces a share repurchase program. Under the program, the company will repurchase up to 1,078,551 units, representing 9.93% of the units outstanding. The fund will cancel all units purchased pursuant to the bid. The company received its approval to make a normal course issuer bid. The normal course issuer bid will commence on Nov 7, 2017, and will terminate on Nov. 6, 2018. As of October 25, 2017, the fund had 10,857,360 units issued and outstanding.