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Adams Diversified Equity Fund Announces Final Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE:ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share ("NAV") at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date ("Offer"), which include an updated proration factor. No other information about the Offer results has changed. Based on the final count by Equiniti Trust Company, LLC ("EQ"), the depositary for the tender offer, a total of 41,882,825 common shares of ADX were validly tendered and not withdrawn. The total amount of shares tendered exceeded the Offer amount, and the Fund will purchase tendered shares on a pro rata ...