Welcome to our dedicated page for Columbia Seligman Premium Technology Growth Fund news (Ticker: STK), a resource for investors and traders seeking the latest updates and insights on Columbia Seligman Premium Technology Growth Fund stock.
Columbia Seligman Premium Technology Growth Fund, Inc. reports news about its closed-end fund operations, stockholder governance and distributions. The Fund seeks growth of capital and current income and invests across sectors that include information technology, telecommunication services, consumer discretionary and industrials.
Recurring updates for STK include annual meeting results, director elections, auditor ratification and distribution announcements under its managed distribution policy. The Fund is managed by Columbia Management Investment Advisers, LLC, and its common stock trades on the New York Stock Exchange.
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Columbia Seligman Premium Technology Growth Fund (NYSE: STK) conducted its 11th Annual Meeting of Stockholders, where shareholders approved the Board's recommendations. During the meeting, two new directors, Ms. Sandra Yeager and Mr. Christopher O. Petersen, were elected for terms expiring in 2022, along with the re-election of three directors, Mr. George S. Batejan, and Mses. Kathleen Blatz and Pamela G. Carlton, for terms expiring in 2024. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the Fund’s independent accounting firm for 2021.
The Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has declared a second-quarter distribution of $0.4625 per share, representing a quarterly rate of 2.3125% (annualized 9.25%) based on the initial offering price. As of April 30, 2021, this rate reflects 1.3704% (annualized 5.48%) of the market price of $33.75 per share. The distribution will be paid on May 25, 2021, to stockholders on record as of May 17, 2021. The breakdown shows 27.87% from short-term capital gains and 72.13% from long-term capital gains.
The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has announced its 11th Annual Meeting of Stockholders, scheduled for June 11, 2021. The record date for stockholder eligibility is April 20, 2021. During the meeting, stockholders will vote on the election of two new directors, re-election of three existing directors, and ratification of PricewaterhouseCoopers LLP as the independent accounting firm for the 2021 fiscal year. Further details will be provided in a notice of meeting and proxy statement to be filed with the SEC.
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