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

Sep 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 20250924293065) on September 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250924:nNDL9F20sY:1","article_id":"2569706295","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2569706295","pubTimestamp":1758715261,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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 . Franklin Templeton has announced that the Board of Trustees has approved the continuation of the share repurchase program for Putnam Managed Municipal Income Trust . 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  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. 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