U.S. Markets closed

The New Ireland Fund, Inc. (IRL)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
12.46+0.08 (+0.65%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close12.38
Open12.44
Bid12.48 x 900
Ask12.79 x 800
Day's Range12.41 - 12.49
52 Week Range7.70 - 13.55
Volume10,012
Avg. Volume19,919
Market Cap60.471M
Beta (5Y Monthly)1.28
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.31 (2.47%)
Ex-Dividend DateDec 17, 2020
1y Target EstN/A
  • The New Ireland Fund, Inc. Announces Final Results of Tender Offer
    GlobeNewswire

    The New Ireland Fund, Inc. Announces Final Results of Tender Offer

    BOSTON, May 18, 2021 (GLOBE NEWSWIRE) -- The New Ireland Fund, Inc. (NYSE: IRL) announced today that, in accordance with its offer to purchase 25% of its issued and outstanding shares of common stock, an offer which expired on May 13, 2021, the Fund has accepted 1,213,300 shares for payment on or about May 19, 2021 at $14.78 per share, which is equal to 98% of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on May 14, 2021. The Fund will make prompt payment to participating stockholders of the purchase price for shares accepted in the tender offer. A total of approximately 3,043,351 shares or approximately 62.71% of the Fund’s issued and outstanding shares of common stock were properly tendered and not withdrawn prior to the expiration of the offer. Consistent with the terms of the offer, on a pro rated basis, approximately 39.87% of the shares properly tendered by each stockholder have been accepted for payment. This percentage has been updated from the Fund’s press release dated May 14, 2021, which incorrectly noted the preliminary ratio of shares tendered by each stockholder. The New Ireland Fund, Inc. is a non-diversified, closed-end management investment company that seeks long-term capital appreciation through investing at least 80% of its assets in Irish equity and fixed income securities. The Fund, which is managed by KBI Global Investors (North America) Ltd, is listed on the New York Stock Exchange under the trading symbol "IRL." For further information, please contact the Fund at 1-800-468-6475.

  • The New Ireland Fund, Inc. - Tender Offer Update
    GlobeNewswire

    The New Ireland Fund, Inc. - Tender Offer Update

    BOSTON, May 14, 2021 (GLOBE NEWSWIRE) -- The New Ireland Fund, Inc. (NYSE: IRL) announced today the preliminary results of its tender offer, which expired at 11:59 p.m. Eastern Time on Thursday, May 13, 2021. The purchase price of properly tendered shares is 98% of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange on May 14, 2021, which is equal to $14.78 per share. As of Thursday, May 13, 2021, there were 4,853,202 outstanding shares of the Fund, and the amount of shares to be purchased under the terms of the offer amounts to approximately 1,213,300 shares. The preliminary count by American Stock Transfer & Trust Company LLC, the Fund's depositary agent, indicated that approximately 3,060,731 shares were validly tendered prior to the expiration of the Fund's offer. This count is subject to final confirmation and the proper delivery of all shares tendered and not withdrawn. Because the number of shares tendered exceeds the number of shares that the Fund is offering to repurchase, those Fund shares tendered will be accepted on a pro-rata basis. The preliminary ratio of shares tendered to be accepted for payment is approximately 88.391 percent. The New Ireland Fund, Inc. is a non-diversified, closed-end management investment company that seeks long-term capital appreciation through investing at least 80% of its assets in Irish equity and fixed income securities. The Fund, which is managed by KBI Global Investors (North America) Ltd, is listed on the New York Stock Exchange under the trading symbol "IRL". For further information, please contact the Fund at 1-800-468-6475.

  • The New Ireland Fund, Inc. Announces Tender Offer
    GlobeNewswire

    The New Ireland Fund, Inc. Announces Tender Offer

    BOSTON, April 05, 2021 (GLOBE NEWSWIRE) -- The New Ireland Fund, Inc. (NYSE: IRL) (the “Fund”), a closed-end fund, announced today that the Fund’s Board of Directors has approved a cash tender offer for up to 25% of the Fund’s outstanding shares of common stock (“Shares”) at a price equal to 98% the Fund’s net asset value (“NAV”) per Share, as determined by the Fund as of the close of the regular trading session on the New York Stock Exchange on the business day immediately following the expiration date of the tender offer. The commencement of the tender offer will be announced at a later date, but will be no later than Tuesday, April 20th, 2021. The Fund will repurchase Shares tendered and accepted in the tender offer in exchange for cash. In the event the tender offer is oversubscribed, Shares will be repurchased on a pro rata basis. The commencement of the tender offer is pursuant to a Compromise and Standstill Agreement (the “Standstill Agreement”) between the Fund and Bulldog Investors LLP and certain of its associated parties (collectively “Bulldog”). During the effective period of the Standstill Agreement, Bulldog has agreed to be bound by certain standstill covenants and vote its Shares on proposals submitted to shareholders in accordance with the recommendation of the Fund’s Board of Directors. The Fund has been advised that Bulldog will file a copy of the Standstill Agreement with the U.S. Securities and Exchange Commission as an exhibit to its Schedule 13D. This announcement is not a recommendation, an offer to purchase or a solicitation to sell any securities of the Fund and the above statements are not intended to constitute an offer to participate in any tender offer. Information about the tender offer will be provided by future public announcements. The tender offer will only be made by, and subject to the terms and conditions set forth in, an Offer to Repurchase and related Letter of Transmittal, which will be mailed to record holders in connection with the tender offer. Stockholders should read these documents carefully when they receive them. The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. based in Dublin, Ireland. KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe’s largest asset manager by assets under management. The Fund is listed on the New York Stock Exchange under the ticker symbol IRL. For further information, please contact the Fund at 1-800-468-6475 or investor.query@newirelandfund.com. Website: www.newirelandfund.com