Saba capital buys ASA Gold & Precious Metals shares worth $1.1m

Published 09/10/2025, 15:34
Saba capital buys ASA Gold & Precious Metals shares worth $1.1m

Saba Capital Management, L.P., a ten percent owner of ASA Gold & Precious Metals Ltd (NYSE:ASA), acquired 23,813 shares of common stock on October 8, 2025, at a price of $48.17 per share. The total value of the purchase amounted to $1,147,072.

Following the transaction, Saba Capital Management, L.P. directly owns 4,727,139 shares of ASA Gold & Precious Metals Ltd.

In other recent news, ASA Gold and Precious Metals Limited announced changes to its Board of Directors. William Donovan and Mary Joan Hoene have resigned from their positions, making way for Karen Caldwell to join as a new director. Caldwell, aged 66, will serve until the 2025 Annual General Meeting of Shareholders. She has been appointed as Chair of the company’s Audit and Ethics Committee. Additionally, the Board has designated her as an audit committee financial expert. These developments reflect the latest updates in the company’s governance.

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