Net asset value
per share at June 30 rose by 44% to USD24.92 from USD17.30 in December with total return up by 45%, beating the S&P 500 index benchmark of 19%.
Reportedly, the large share repurchases completed during the second quarter of 2019 and the payment of the FY 2018 dividend were the factors behind the decrease in net asset value
The dividend represents 1.64 per cent of the net asset value
as of December 31, 2018, it added.- TradeArabia News Service
The declaration was seen to affect negotiations in a way, since the declaration of the dividends will affect the company's net asset value
. The net asset value
is the final value of a mutual fund, which is derived by deducting the fund's liabilities from the market value of all of its shares and then dividing by the number of issued shares.
In connection with the extension, the Company will offer a Special Retraction Right which will allow existing shareholders to tender one or both classes of Shares and receive a retraction price based on the November 30, 2018 net asset value
'When you make an offer, it's based on the net asset value
of the PDS.
Regarding the SGPY project, VNL has also disposed of its entire stake in the project which resulted in net cash proceeds of 0.3 m to VNL, equal to both the 31 March 2018 unaudited net asset value
and the net asset value
at the time of the 2016 EGM (including adjustments for additional investments over this period).
The distributed amount, which represents around 14 per cent of the fund's current Net Asset Value
(NAV), is the result of successful exits from two portfolio companies, effectively managed and operationally transformed by the Private Equity Asset Management team of Global along with other shareholders of the portfolio companies.
On November 27, 2017, and subject to pro ration as applicable, validly tendered Shares were repurchased by the Fund at USD 13.99 per Share, the Fund's net asset value
per Share determined as of 4:00 p.m.
"Invesco also retained a portion of the income earned by the ISTIF to increase the fund's net asset value
instead of distributing that income to investors.
REITs issued more than $138 billion of common equity at a 140-basis-point average premium to net asset value
between 2006 and 2013.
Accordingly, dividend reinvestment will be based on the unit net asset value
of April 9, 2014, while dividend pay-out in the form of cash will be paid out within 60 business days from the ex-dividend date of March 31, 2014.