Eagle Capital Growth Fund elects Anne M. Nichols as director, expands buyback to 1 million shares
Eagle Capital Growth Fund's board unanimously elected Anne M. Nichols, CFA, as a director on August 19, 2021, with a term expiring at the 2024 Annual Meeting of Shareholders. The board also replaced the fund's existing stock repurchase authority with a new plan allowing management to repurchase up to 1,000,000 shares in the open market or otherwise, at prices reasonably related to the prevailing market price.
- Anne M. Nichols, CFA, is a Managing Director of Fern Capital, Inc. and was elected a Class II director.
- Her term expires at the Fund's 2024 Annual Meeting of Shareholders.
- New repurchase plan authorizes buybacks of up to 1,000,000 shares, replacing the prior authority.
- The filing does not state the prior repurchase authority size.