

The New Ireland Fund, Inc. Actively Repurchasing Shares
February 06, 2012 09:50 ET
The New Ireland Fund, Inc. Actively Repurchasing Shares
BOSTON, MA--(Marketwire - Feb 6, 2012) - The Board of Directors of The New Ireland Fund, Inc. (
It expects to continue to be in the market on the same basis although, as required, the Program will be reviewed on a regular basis. The Board will also be continuing to review what other actions, if any, might be taken to enhance shareholder value and address the discount at which shares have tended to trade.
Investment Objective; The New Ireland Fund, Inc., (
IRL is the only U.S.-listed closed-end fund that invests primarily in equity and fixed income securities of Irish companies. The Fund is managed by Kleinwort Benson Investors International Ltd., a subsidiary of Kleinwort Benson Investors Dublin Ltd. Up-to-date information, as well as monthly portfolio updates, are available on the Fund's website -- [ www.newirelandfund.com ]