SABA Announces Reauthorization of Share Repurchase Program
Business Wire•02/11/2026•18:00 ET
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Key Highlights
- ➤SABA Board reauthorizes repurchases of up to 10% of common shares
- ➤Authorization covers fiscal year ending October 31, 2027
- ➤Repurchases may reduce the Fund’s discount to net asset value
- ➤Open-market buybacks remain discretionary and are not guaranteed to enhance value
Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has renewed its share repurchase authorization for the Fund to repurchase up to 10% of its total common shares for the fiscal year ending October 31, 2027.
The share repurchase program is intended to increase the Fund’s net asset value (“NAV”) to the benefit of all shareholders and help create further value for shareholders by reducing the Fund’s discount to NAV.
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