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BlackRock Health Sciences Term Trust (BMEZ) Commences Tender Offer for up to 40% of outstanding common shares

1. BMEZ's Board announces a tender offer to repurchase 40% of shares. 2. Shares will be repurchased at 99.5% of net asset value.

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FAQ

Why Bullish?

Share repurchase programs typically signal confidence from management and can lead to an increase in per-share value. Historical examples show a favorable market response to such offers.

How important is it?

The tender offer could significantly reduce the outstanding shares, likely increasing the stock price due to improved earnings per share and investor confidence.

Why Short Term?

The immediate effect of the tender offer can be expected to positively influence stock price shortly, particularly as the repurchase activity initiates. Previous cases showed similar short-term gains post-announcement.

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BLKBMEPYH
NEW YORK--(BUSINESS WIRE)---- $BMEZ--BlackRock Health Sciences Term Trust (NYSE: BMEZ) announced today the commencement, expiration and pricing dates of the previously announced offer to repurchase up to 40% of outstanding common shares at a price per share equal to 99.5% of the Fund's net asset value per common share as determined on the pricing date (the “Tender Offer”). The Fund's Board of Trustees have authorized the Tender Offer with the anticipated commencement, expiration and pricing dates outline.

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