Federated Hermes Premier Municipal Income Fund announces tender offer expiration
Federated Hermes, Inc. (FHI)
Last federated hermes, inc. earnings: 4/30 04:17 pm
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Source: PR Newswire
PITTSBURGH, Oct. 14, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its tender offer for 3,679,390 of its issued and outstanding common shares, representing approximately 32% of its outstanding common shares, expired at 5 p.m. Eastern on Oct. 11, 2024. The offer was oversubscribed. Because the number of shares tendered exceeded the number of shares the fund offered to purchase, the fund will purchase the maximum percentage of outstanding shares it previously announced on a pro-rata basis in accordance with the number of shares duly tendered by tendering stockholders and the terms of the Offer to Purchase (with appropriate adjustment to avoid purchase of fractional common shares).Based upon preliminary information, 4,988,295 shares were tendered. The purchase price of properly tendered shares is 99% of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange on Oct. 11, 2
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FHI
News
- Federated Hermes, Inc. (NYSE: FHI) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Month-end portfolio data now available for Federated Hermes Premier Municipal Income FundPR Newswire
- Federated Hermes, Inc. (NYSE: FHI) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $43.00 to $45.00. They now have a "buy" rating on the stock.MarketBeat
- Federated Hermes Premier Municipal Income Fund declares dividendPR Newswire
- Federated Hermes, Inc. (NYSE: FHI) had its price target raised by analysts at Evercore ISI from $41.00 to $43.00. They now have an "outperform" rating on the stock.MarketBeat
FHI
Earnings
- 10/24/24 - Beat
FHI
Sec Filings
- 11/4/24 - Form 4
- 10/30/24 - Form 4
- 10/11/24 - Form 4
- FHI's page on the SEC website