ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan
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ASA Gold and Precious Metals Fund has adopted a limited-duration shareholder rights plan to protect the interests of the company and its shareholders. The plan will expire on December 20, 2024.
December 19, 2024 | 9:30 pm
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ASA Gold and Precious Metals Fund has implemented a limited-duration shareholder rights plan to protect shareholder interests, set to expire on December 20, 2024.
The adoption of a shareholder rights plan is a defensive measure to protect against potential takeovers, which can be seen as a positive step for shareholder protection. However, it does not directly impact the company's financial performance or stock price in the short term.
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