Blackrock Municipal Target Term Trust (BTT) announces share repurchase program

Go back to Blackrock Municipal Target Term Trust (BTT) announces share repurchase program

BlackRock Municipal 2030 Target Term Trust (BTT) Announces Share Repurchase Program

February 28, 2025 4:37 PM EST

NEW YORK--(BUSINESS WIRE)-- BlackRock Advisors, LLC announced today that the Board of Trustees (the Board) of BlackRock Municipal 2030 Target Term Trust (BTT or the Trust) has reauthorized the Trusts open market share repurchase program (the Repurchase Program). Under BTTs most recent Repurchase Program, which ended November 30, 2024, the Trust could repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2023) in open market transactions. Pursuant to the Boards reauthorization of the Repurchase Program, BTT may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on March 31, 2025) through November 30, 2025. The Repurchase Program seeks... More