Welcome to our dedicated page for Royce Global Trust news (Ticker: RGT), a resource for investors and traders seeking the latest updates and insights on Royce Global Trust stock.
Royce Global Trust, Inc. (RGT) provides investors with specialized exposure to global small- and mid-cap equities through its diversified closed-end fund structure. This page serves as the definitive source for official announcements, financial updates, and strategic developments from the company and its management team at Royce & Associates.
Access real-time updates on portfolio adjustments, sector allocations, and risk management strategies across key industries including technology, health care, and consumer sectors. Investors will find essential information on international market positions, regulatory filings, and corporate governance updates.
Key content includes earnings reports, capital allocation decisions, and analysis of the fund's performance in volatile markets. All materials maintain strict compliance with financial disclosure standards, presented in clear language accessible to both professional and individual investors.
Bookmark this page for streamlined access to verified RGT developments. Combine these updates with the fund's published investment philosophy for informed decision-making regarding small-cap focused portfolio strategies.
Royce Global Value Trust (NYSE: RGT) announced a conditional cash tender offer to purchase up to 40% of its outstanding shares at their net asset value (NAV) as of the close of trading on the day following the offer's expiration on December 16, 2020. This offer is contingent upon stockholder approval of a new investment advisory agreement with Royce Investment Partners. Additionally, the Special Meeting of Stockholders has been postponed to December 1, 2020. Proxy advisory firms have recommended that stockholders vote in favor of the agreement to ensure the Fund's management continuity.
Royce Global Value Trust (NYSE: RGT) announced a conditional cash tender offer to repurchase up to 40% of its outstanding shares at the net asset value per share, contingent upon stockholder approval of a new advisory agreement with Royce Investment Partners. A Special Meeting for stockholders is scheduled for October 30, 2020. If more shares are tendered than the limit, purchases will be made on a pro rata basis. This announcement is not a solicitation to sell shares and does not guarantee the repurchase will resolve any market price discount.
Royce Global Value Trust (NYSE: RGT) announced the postponement of its Special Meeting of Stockholders, originally set for October 8, 2020, now rescheduled for October 30, 2020, at 1:00 p.m. Eastern Time. This decision aims to solicit additional stockholder votes amidst the ongoing COVID-19 pandemic, with the meeting to be held virtually. The record date remains September 8, 2020, and previously submitted proxies can still be revoked. The meeting will address the approval of a new investment advisory agreement with Royce Investment Partners, which the Board recommends stockholders support.
Royce Global Value Trust, Inc. (NYSE: RGT) has postponed its Special Meeting of Stockholders to October 8, 2020, at 1:00 p.m. Eastern Time, to gather more votes. The new record date for eligible stockholders is now September 8, 2020. The meeting will be held virtually to ensure safety due to COVID-19. The primary agenda is to approve a new investment advisory agreement with Royce Investment Partners. The Board recommends voting FOR this proposal, which is supported by major proxy advisory firms. Stockholders are encouraged to participate and vote using the provided proxy materials.
Royce Global Value Trust (NYSE: RGT) has postponed its Special Meeting of Stockholders, originally set for July 29, 2020, to August 27, 2020, to gather more votes. The meeting will address a new investment advisory agreement with Royce Investment Partners, which is backed by leading proxy advisory firms recommending a vote 'FOR' it. This change coincides with Franklin Resources' acquisition of Legg Mason, requiring an interim advisory agreement to be enacted. Stockholders can participate virtually and are encouraged to vote by proxy ahead of the meeting.
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