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abrdn Emerging Markets Equity Income Fund, Inc. (AEF) Announces Commencement of a Cash Tender Offer

1. AEF will buy back 20% of outstanding shares at 98% NAV. 2. Tender offer could enhance shareholder value by reducing share supply.

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FAQ

Why Bullish?

Share buybacks usually lead to increased stock prices due to reduced supply. Previous examples show similar positive impacts on funds after tender offers.

How important is it?

This tender offer directly affects AEF's capital structure and could result in immediate price movement. Its significance is higher due to the potential for increased shareholder value.

Why Short Term?

The immediate effect of the tender offer is expected to occur shortly after completion. Investors may react quickly to the anticipated increase in NAV.

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AEF
PHILADELPHIA, PA / ACCESS Newswire / January 21, 2025 / abrdn Emerging Markets Equity Income Fund, Inc. (NYSE American:AEF), a non-diversified closed-end fund, announced today the commencement of the previously announced cash tender offer to purchase up to 10,150,355 shares, representing approximately 20% of the Fund's outstanding shares, at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as determined by the Fund on the next business day immediately following the day the tender expires. The offer commences at 12:01 am, January 21, 2025, and will expire at 5:00 p.m.

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