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Western Asset Middle Market Income Fund Inc. - XWMFX STOCK NEWS

Welcome to our dedicated page for Western Asset Middle Market Income Fund news (Ticker: XWMFX), a resource for investors and traders seeking the latest updates and insights on Western Asset Middle Market Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset Middle Market Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset Middle Market Income Fund's position in the market.

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Western Asset Middle Market Income Fund (XWMFX) announced the final results of its tender offer for 2.5% of its outstanding shares. The offer, which expired on October 4, 2022, attracted 9,498 shares, exceeding the 3,577 shares initially proposed. As a result, 5,006 shares were accepted for payment, reflecting a 49.8% acceptance rate for tendering shareholders at $562.55 per share, equating to the per share net asset value. Payments for accepted shares are expected around October 6, 2022.

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Western Asset Middle Market Income Fund (XWMFX) has announced a cash tender offer to buy back up to 2.5% of its outstanding shares, with an option for an additional 2%. The offer, based on the fund's net asset value, is set to commence on September 2, 2022, and is expected to expire by October 4, 2022. The tender offer will comply with relevant regulations, and stockholders will receive detailed documents outlining the terms. Investors are encouraged to read these materials once available, as they will contain crucial information regarding the offer.

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Western Asset Middle Market Income Fund (XWMFX) revealed the results of its tender offer to buy back 2.5% of its outstanding common stock, which amounted to 3,701 Shares. The offer expired on June 30, 2022, with 9,170 Shares tendered. Due to oversubscription, 5,182 Shares were accepted for payment, including 1,481 Additional Shares, translating to a pro rata acceptance of about 52.4% for tendering stockholders. The purchase price per Share was $561.53, matching the net asset value as of June 30, 2022. Payments for accepted Shares will occur around July 5, 2022.

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Western Asset Middle Market Income Fund Inc. (XWMFX) announced a tender offer to buy back up to 2.5% of its outstanding shares, with an option to purchase an additional 2% without extension. The offer will be at the net asset value per share on the expiration date, expected between June 1 and June 30, 2022. The Fund aims to notify stockholders in compliance with applicable laws and will file necessary documents with the SEC. This announcement does not serve as a purchase offer.

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Western Asset Middle Market Income Fund (XWMFX) has completed its issuer tender offer for up to 2.5% of its outstanding common stock, which amounted to 3,871 Shares. The offer expired on April 4, 2022, with 13,445 Shares tendered, indicating an oversubscription. The Fund accepted 6,968 Shares for purchase, with approximately 47.4% of tendered Shares accepted on a pro rata basis at a price of $618.94 per Share, reflecting the net asset value on the expiration date. Payments for the accepted Shares are expected on or about April 6, 2022.

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Western Asset Middle Market Income Fund Inc.

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