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HQL - Tekla Capital's funds extend buyback through 2023
TeklaLife Sciences Investors
Tekla Capital's managed funds have announced one-year extension of their stock buyback program to now expire on June. 14, 2023. It comes from Tekla Healthcare Opportunities Fund (THQ +0.6%), Tekla Healthcare Investors (HQH +1.3%), Tekla World Healthcare Fund (THW +0.7%), and Tekla Life Sciences Investors (HQL +0.4%). Overall, the program allows to repurchase up to 12% of fund's outstanding common shares in the open market.