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Pin to quick picksGabelli Merger Share News (GMP)

Share Price Information for Gabelli Merger (GMP)

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Share Price: 9.00
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Gabelli Merger Plus+ is an Investment Trust

To generate total return, consisting of capital appreciation and current income. The Company will seek a secondary objective of the protection of capital, uncorrelated to equity and fixed income markets.

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IN BRIEF: Gabelli Merger Plus+ Trust Net Assets Slip In Full Year

Thu, 08th Oct 2020 18:05

Gabelli Merger Plus+ Trust PLC - investment firm - Reports net asset value per share excluding income at USD9.52 as at the end of June compared to USD9.82 at the same time a year earlier. Maintains dividend payment at USD0.48 a share. Share price at June 30 stands at USD7.50, representing a 20% discount to NAV. "Early signs of a recovery in M&A activity have begun to emerge, and absent a significant Covid-19 second wave hindering economic reopenings, we remain optimistic on the opportunity sets for our team in the second half of the year," said Chair Marc Gabelli.

Current stock price: USD7.40

Year-to-date change: down 15%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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13 Aug 2018 13:22

Gabelli Merger Says No Material Reason For Recent Share Price Movement

LONDON (Alliance News) - Gabelli Merger Plus+ Trust PLC said Monday its recent share price activity was a result of near-term portfolio rebalancing by select shareholders, low August stock market

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20 Jul 2018 10:42

Gabelli Merger Non-Executive Director Paolo Vicinelli Steps Down

LONDON (Alliance News) - Gabelli Merger Plus+ Trust PLC on Friday said Non-Executive Director Paolo Vicinelli will not stand for re-election at the annual general meeting, but ill remain a and him

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14 Mar 2018 13:12

BP Marsh Has Strong February After Positive Results - QuotedData

LONDON (Alliance News) - Net asset value moves during February were a result of dollar strength rather than a change in the local currency value of assets, according to a by a

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