The Fund announced that it has approved a share repurchase program under which the Fund will repurchase in each twelve month period ended August 31 up to 10% of its common stock outstanding as of the close of business on August 31 the prior year. Such purchases will be made opportunistically at certain discounts to net asset value per share in the reasonable judgment of management based on historical discount levels and current market conditions. The Fund will repurchase shares in accordance with procedures approved by the Board. The Fund will report repurchase activity on the Fund’s website on a monthly basis.
Taiwan Fund
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