AB Multi-Manager Alternative Fund Proposes Buyback of Up to 10% of Shares at NAV
AB Multi-Manager Alternative Fund offers shareholders to sell back up to 10% of its shares at unaudited NAV per share, according to Reuters.
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what happened
The AB Multi-Manager Alternative Fund has announced an offer to buy back up to 10% of its outstanding shares from shareholders. The repurchase will be priced at the unaudited net asset value (NAV) per share, Reuters reported.
Shareholders may take part in the offer under the terms published by the fund.
why it matters
Tender offers like this give investors a way to exit the fund at its calculated asset value rather than at a market price. The relevance for the broader market is limited.
tags
instruments
sources
- AB Multi-Manager Alternative Fund Offers To Repurchase Up To 10% Of Its Outstanding Shares From Shareholders At Their Unaudited NAV/Share — Reuters, 13 November 2026 at 16:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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