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BlackRock Income Trust, Inc. (BKT) Announces Renewal of Discount Management Programs
Businesswire· 2025-11-14 21:31
NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the "Fund†) announced today the renewal of its discount management program (the "Program"). Under terms of the Program, the Fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met, as detailed below. If the Fund's common shares trade at an average daily discount to net asset value ("NAV") of more than 7.50% during the 12-week measurement period beginning on July 9, 2026. ...