Adams Natural Resources Fund Initiates Share Repurchases Pursuant To Enhanced Discount Management And Liquidity Program
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BALTIMORE, Dec. 14, 2020 /PRNewswire/ -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announced today that it is engaging in share repurchases pursuant to its previously announced enhanced discount management and liquidity program. Under the enhanced program, share repurchases will be made in the open market when the shares have traded at market prices of at least 15% below net asset value for at least 30 consecutive trading days and the Fund is not otherwise subject to share repurchase restrictions.