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Saba Capital Management, L.P., a ten-percent owner of ASA Gold & Precious Metals Ltd (NYSE:ASA), recently purchased 46,649 shares of the company’s common stock. The transactions, which occurred on October 7, 2025, involved the purchase of shares at a price of $46.5, resulting in a total transaction value of $2,169,178.
Following the purchase, Saba Capital Management, L.P. now directly owns 4,703,326 shares of ASA Gold & Precious Metals Ltd.
In other recent news, ASA Gold and Precious Metals Limited has announced changes to its Board of Directors. William Donovan and Mary Joan Hoene have resigned from their positions, and Karen Caldwell has joined as a new director. Caldwell, aged 66, will serve on the board until the 2025 Annual General Meeting of Shareholders. She has also been appointed as Chair of the company’s Audit and Ethics Committee. Furthermore, the Board has designated Caldwell as an audit committee financial expert. These developments mark a significant change in the company’s leadership structure. Investors and stakeholders may find these board changes noteworthy as they could influence the company’s governance and strategic direction moving forward.
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