Saba Capital Comments on Shareholders’ Clear Mandate for Change at Neuberger Berman-Managed Closed-End Funds’ 2024 Joint Annual Meeting
Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG)
Company Research
Source: Business Wire
Shareholders Voted to Elect Saba Nominee Paul Kazarian at Both Neuberger Berman Funds by a Wide Margin – But Neuberger Berman Rigged the Election to Enable Its Incumbent Directors to Hold onto Their SeatsMr. Kazarian Received More Than 2x as Many Votes as the Incumbent Directors at NBXG Received, Even Without Counting Saba’s VotesNeuberger Berman’s Impossible-to-Achieve Majority Vote Standard Shines Light on Closed-End Fund Managers Silencing Shareholders’ Voices, Which Saba is Currently Fighting in Court NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), the largest shareholder of the Neuberger Berman Municipal Fund (NYSE: NBH) and the Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) (collectively, the “Funds”), today commented on the rigged election Neuberger Berman held at the Funds’ 2024 Joint Annual Meeting of Shareholders (the “Annual Meeting”).Based on the preliminary results of the Annual Meetin
Show less
Read more
Impact Snapshot
Event Time:
NBXG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NBXG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NBXG alerts
High impacting Neuberger Berman Next Generation Connectivity Fund Inc. news events
Weekly update
A roundup of the hottest topics
NBXG
Sec Filings
- 9/23/24 - Form NPORT-P
- 9/9/24 - Form 40-17G
- 8/30/24 - Form N-PX
- NBXG's page on the SEC website