The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
BCV Buyback image

Bancroft Fund Ltd. Buyback

OLI recorded this information on 5/20/2015

Company: Bancroft Fund Ltd.
Buyback: BCV buyback
Shares Announced Repurchased: 134100
Buyback Details: In accordance with the revised share repurchase program adopted by its Board of Trustees (up to 7% of the Fund's outstanding shares or approximately 377,000 shares), the Fund began making open market purchases of its shares in November 2014. As of May 18, 2015, the Fund has repurchased 134,100 shares in the open market pursuant to the repurchase program at an aggregate cost of $2,765,687. Purchases pursuant to the repurchase program have been made in accordance with the limitations of Rule 10b-18 promulgated under the Securities Exchange Act of 1934. The extent to which the Fund repurchases its shares and the timing of such repurchases depends on market conditions and other considerations as determined by the Fund's management team, and in accordance with the limitations of Rule 10b-18.

Bancroft Fund is a diversified, closed-end management investment company seeking income and capital appreciation for shareholders through investments primarily in convertible securities. As of Oct 31 2017, the Fund's total investment portfolio was $156,643,162 and its assets totaled $157,621,672.

Preferred: BCV.PRA


Open the BCV Page at The Online Investor »

Company Name:  Bancroft Fund Ltd
Stock buyback:  BCV buyback
Website:  www.gabelli.com
Sector:  Investment Companies & Venture Capital
 

Open the BCV Page at The Online Investor (in a new window) »

April 28, 2024    7:51 PM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree BCV Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

BCV Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.