Putnam Managed Municipal Income Trust Announces Share Repurchase Program Renewal; Up to 10% of Outstanding Shares to Be Repurchased at Discount to NAV Beginning October 2025 (Currency Not Specified)

Reuters
09/24
Putnam Managed Municipal Income Trust Announces Share Repurchase Program Renewal; Up to 10% of Outstanding Shares to Be Repurchased at Discount to NAV Beginning October 2025 (Currency Not Specified)

Franklin Templeton has announced that the Board of Trustees has approved the continuation of the share repurchase program for Putnam Managed Municipal Income Trust $(PMM)$. Under the renewed program, effective October 1, 2025, the fund may repurchase up to 10% of its outstanding common shares at a discount to net asset value in open market transactions. The goal of the program is to enhance shareholder value. The currency for transaction values was not specified in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Putnam Managed Municipal Income Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20250924293065) on September 24, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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