Welcome to our dedicated page for Columbia Seligman Premium Tech Growth news (Ticker: STK), a resource for investors and traders seeking the latest updates and insights on Columbia Seligman Premium Tech Growth stock.
Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) is a closed-end management investment company that seeks growth of capital and current income. As a listed fund in the finance and insurance sector, it periodically publishes updates that are reflected in news coverage and regulatory communications.
News related to STK often includes information tied to its governance and shareholder activity. For example, the fund has reported on its Annual Meeting of Stockholders, where stockholders voted on proposals recommended by the Board of Directors. Such updates can cover the re-election of directors for defined terms and the ratification of the fund’s independent registered public accounting firm for a given fiscal year.
In addition to corporate governance topics, the fund issues press releases that are furnished as exhibits to Form 8-K filings under Regulation FD. These press releases, identified in filings as Exhibit 99.1, are referenced in current reports filed with the SEC on specific dates. News items may therefore highlight the contents of these press releases and the information they provide about the fund.
Investors following STK news can use this page to see how the fund communicates with stockholders through annual meetings, Board recommendations, and auditor ratifications, as well as how it uses Regulation FD disclosures to share press releases. Because the fund emphasizes that investors should carefully review its investment objectives, risks, charges, and expenses, news coverage can serve as a companion to formal documents such as the prospectus and SEC filings. This page can be revisited to review ongoing corporate and regulatory developments affecting Columbia Seligman Premium Technology Growth Fund, Inc.
The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) announced its 13th Annual Meeting of Stockholders on June 20, 2023, in Minneapolis, MN. The record date for voting rights is set for April 11, 2023. During the meeting, stockholders will elect Ms. Janet Langford Carrig and re-elect three other directors: Mses. Patricia M. Flynn, Catherine James Paglia, and Mr. Brian J. Gallagher. Additionally, they will vote on the ratification of PricewaterhouseCoopers LLP as the Fund’s independent accounting firm for the 2023 fiscal year. Full details will be provided in a notice of meeting and proxy statement to be filed with the SEC.
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Columbia Seligman Premium Technology Growth Fund (NYSE: STK) conducted its 12th Annual Meeting of Stockholders in Minneapolis, where stockholders voted positively on all proposals. Directors Douglas A. Hacker and Daniel J. Beckman were elected, with Minor M. Shaw and Sandra L. Yeager re-elected, all serving until the 2025 Annual Meeting. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the independent public accounting firm for 2022. Investors are reminded to review the Fund's investment objectives, risks, and expenses carefully before investing.
Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has declared a second-quarter distribution of $0.4625 per share, yielding 2.3125% quarterly (9.25% annualized) based on its $20.00 IPO price. As of April 30, 2022, this distribution amounts to 1.6401% (6.56% annualized) of its market price of $28.20. Payment is scheduled for May 24, 2022, with an ex-dividend date of May 13, 2022. The distribution comprises 100% net realized long-term capital gains. Since its inception, the Fund has had an average annual return of 14.60%
The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) announced the 12th Annual Meeting of Stockholders on June 21, 2022, in Minneapolis, MN. The record date for stockholder eligibility is April 12, 2022. Stockholders will elect two directors, re-elect two directors, and ratify the selection of PricewaterhouseCoopers LLP as the independent auditor for 2022. Additional details will be provided in a forthcoming notice and proxy statement filed with the Securities and Exchange Commission.
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