BlackRock Enhanced Government Fund, Inc. Announces Expiration of Annual Repurchase Offer
BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) has completed its annual repurchase offer, which expired on November 15, 2024. The offer allowed for repurchase of up to 5% of outstanding shares at net asset value, subject to a 2% fee. Preliminary results indicate oversubscription, with approximately 12% of shares tendered, necessitating pro rata allocation. Shares held by stockholders with 99 or fewer shares who tendered all shares will be fully repurchased. Final results will be confirmed soon.
