Federated Hermes Premier Municipal Income Fund commences tender offer for common shares [Yahoo! Finance]
Federated Hermes, Inc. (FHI)
Last federated hermes, inc. earnings: 4/30 04:17 pm
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Source: Yahoo! Finance
Fund (NYSE: FMN) announced today that it commenced a tender offer for up to 32 percent of its outstanding common shares. The fund's tender offer will expire on Oct. 11, 2024 , at 5 p.m. ET . The fund is offering to purchase its outstanding common shares at a price per share equal to 99 percent of its net asset value per share in U.S. dollars as determined as of the end of regular trading on the NYSE on Oct. 11, 2024 As described in the tender offer materials, if more than 32 percent of the fund's outstanding common shares are duly tendered (and not withdrawn) prior to the expiration date, the fund will repurchase 32 percent of its outstanding common shares on a pro rata basis (with appropriate adjustment to avoid purchase of fractional common shares) upon the terms and subject to the conditions of the tender offer. Accordingly, there is no assurance that the fund will purchase all of a common shareholder's tendered common shares. Additional terms and conditions of the tender offer a
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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