European Equity Fund Stock Price, News & Analysis

The European Equity Fund, Inc. (NYSE: EEA) will hold its Annual Meeting of Stockholders on June 22, 2023, at 10:30 a.m. in New York City. Shareholders recorded as of April 28, 2023 can vote on key issues, including the election of Directors and auditor approval. A potential stockholder proposal will also be considered, with details forthcoming in a proxy statement in May.

The Fund primarily invests in equity securities of European issuers, which exposes it to regional economic fluctuations. It faces risks from foreign investments, including currency volatility and geopolitical tensions that may impact market conditions and fund performance.

The Central and Eastern Europe Fund (NYSE: CEE), The New Germany Fund (NYSE: GF), and The European Equity Fund (NYSE: EEA) announced distributions for 2022. CEE and EEA will issue distributions primarily in stock, allowing stockholders the option of cash payouts as of December 30, 2022. GF's distributions will be in cash. Key figures include CEE at $0.2387, GF at $0.0431, and EEA at $0.1450 per share. The announcement comes with warnings about the risks associated with foreign investments, including market volatility and geopolitical events.

The Central and Eastern Europe Fund (NYSE: CEE), The European Equity Fund (NYSE: EEA), and The New Germany Fund (NYSE: GF) have announced an extension of their share repurchase authorization. Each Fund can buy back up to 10% of its outstanding shares during the period from August 1, 2022, to July 31, 2023. Specific repurchase amounts include 622,066 for CEE, 708,104 for EEA, and 1,756,928 for GF. Repurchases will occur when deemed beneficial for each Fund, and no buybacks will happen if shares are trading at a premium to net asset value.

The European Equity Fund, Inc. (NYSE: EEA) held its Annual Meeting of Stockholders on June 23, 2022. During the meeting, all three Class II Directors, Dr. Holger Hatje, Dr. Christopher Pleister, and Ms. Fiona Flannery, were elected for a three-year term. Additionally, Mr. Bernhard Koepp was elected as a Class III Director for one year. Stockholders ratified Ernst & Young LLP as independent auditors for 2022. However, a proposal to declassify the Board of Directors was rejected. For more details about the fund, visit DWS.

The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) announced distributions by their Board of Directors. Both Funds will issue distributions in stock, but shareholders may choose cash if they are on record by May 16, 2022. Details include:

• Declaration date: May 6, 2022
• Ex-Date: May 13, 2022
• Record date: May 16, 2022
• Payable date: June 24, 2022