abrdn Japan Equity Fund Stock Price, News & Analysis

abrdn Japan Equity Fund (NYSE: JEQ) paid a distribution of $0.6944 per share on October 7, 2025 to holders of record as of September 29, 2025. This is the final distribution before JEQ's approved reorganization into abrdn Global Infrastructure Income Fund (NYSE: ASGI). Shareholders of JEQ at market close on October 10, 2025 will receive newly issued ASGI common shares with value equal to JEQ's aggregate NAV and will be ASGI shareholders at market open on October 13, 2025. The notice discloses estimated distribution composition (current: $0.2752 net investment income and $0.4192 return of capital) and FY-to-date totals, plus performance metrics including a 5-year NAV annual return of 5.49% and a current annualized distribution rate on NAV of 2.79%.

abrdn Japan Equity Fund (NYSE: JEQ) has announced its final cash distribution of $0.6944 per share, payable on October 7, 2025. This distribution represents the final allocation before JEQ's reorganization into abrdn Global Infrastructure Income Fund (NYSE: ASGI).

The distribution comprises 40% net investment income ($0.2752) and 60% net realized short-term gains ($0.4192). Shareholders of record as of September 29, 2025, will receive the distribution. Following this, JEQ shareholders as of October 10, 2025, will receive newly issued ASGI common shares equivalent to their JEQ holdings' net asset value, effective October 13, 2025.

The fund reported a 5.49% average annual total return on NAV for the 5-year period ending August 31, 2025, with a current fiscal period's annualized distribution rate of 2.79% on NAV.

abrdn Japan Equity Fund (NYSE: JEQ) has announced the completion of its cash tender offer for up to 7,072,985 shares, representing 50% of its outstanding shares. The tender offer, which expired on September 2, 2025, saw strong participation with approximately 11,116,238 shares (78.6%) properly tendered.

Due to oversubscription, the Fund implemented a proration ratio of approximately 0.6363. Accepted shares will be purchased at $8.04 per share, representing 98% of the Fund's NAV as of September 3, 2025. Payment is expected around September 12, 2025. Following the transaction, the Fund will have 7,072,985 shares outstanding.

abrdn Japan Equity Fund (NYSE: JEQ) has announced the preliminary results of its cash tender offer that expired on September 2, 2025. The fund offered to purchase up to 7,072,985 shares, representing approximately 50% of its outstanding shares, at 98% of the NAV per share as of September 3, 2025.

The tender offer was significantly oversubscribed, with approximately 10,781,895 shares (76.2% of outstanding stock) tendered. Due to oversubscription, shares will be purchased on a pro-rata basis, with the final number of accepted shares to be announced later.

abrdn Japan Equity Fund (NYSE: JEQ) has announced key details regarding its tender offer and upcoming reorganization with abrdn Global Infrastructure Income Fund (NYSE: ASGI). The tender offer will expire on September 2, 2025, with pricing at 98% of NAV determined on September 3, 2025, and settlement expected around September 12, 2025.

The reorganization timeline indicates that JEQ's final trading day will be around October 10, 2025. JEQ shareholders at market close on that date will receive newly issued ASGI common shares equal to their JEQ shares' net asset value, becoming ASGI shareholders when markets open on October 13, 2025. A potential final distribution announcement is scheduled for September 19, 2025.

abrdn Japan Equity Fund (NYSE: JEQ) has initiated a significant cash tender offer to purchase up to 7,072,985 shares, representing approximately 50% of its outstanding shares. The fund will buy these shares at 98% of the Net Asset Value (NAV) per share.

The tender offer begins on August 1, 2025, and expires on September 2, 2025, with expected payment around September 12, 2025. If oversubscribed, the fund will prioritize "odd lot" holders (owning 99 shares or less) who tender all shares, followed by pro rata purchases for remaining shareholders.

abrdn Japan Equity Fund (NYSE: JEQ) stockholders have approved a significant reorganization plan to merge with abrdn Global Infrastructure Income Fund (NYSE: ASGI). At the Special Meeting, where 74.7% of shares were voted, stockholders overwhelmingly approved the reorganization with 10,016,314 votes in favor.

Prior to the merger, JEQ will conduct a cash tender offer for up to 50% of outstanding shares at 98% of NAV in August 2025. The reorganization is expected to complete in Q4 2025. Additionally, at the Annual Meeting, stockholders elected two Class II Directors (Alan Goodson and Rose DiMartino) and approved the continuation of one Class I Director (Radhika Ajmera).

abrdn Japan Equity Fund (NYSE: JEQ) has announced amended dates for its 2025 Annual Meeting and Special Meeting of Stockholders, now scheduled for July 25, 2025, in Philadelphia. Stockholders as of June 13, 2025 (Record Date) will vote on the proposed reorganization of JEQ into abrdn Global Infrastructure Income Fund (ASGI). Upon stockholder approval, JEQ will conduct a cash tender offer to purchase up to 50% of outstanding shares at 98% of NAV. The tender offer will take place after the stockholder meetings but before the reorganization with ASGI. A combined prospectus/proxy statement with detailed information will be distributed to stockholders after SEC effectiveness.

abrdn Japan Equity Fund (NYSE:JEQ) has announced a significant corporate restructuring, including a proposed merger into abrdn Global Infrastructure Income Fund (NYSE:ASGI) and a conditional tender offer. The Boards of both funds have approved the merger, which requires JEQ shareholder approval.

Key details of the reorganization include:

• JEQ shareholders of record on March 14, 2025, will vote on the merger at a special meeting scheduled for June 13, 2025
• The merger is intended to be tax-free for U.S. federal income tax purposes
• ASGI's current objectives and policies will remain unchanged

Additionally, contingent upon merger approval, JEQ will conduct a cash tender offer to purchase up to 50% of outstanding shares at 98% of NAV. The Fund is suspending its managed distribution policy after March 31, 2025, to avoid disrupting the tender offer timing. The reorganization is expected to complete in Q3 2025, subject to shareholder approval.