Saba capital buys ASA Gold & Precious Metals shares worth $579k

Published 21/10/2025, 15:24
Saba capital buys ASA Gold & Precious Metals shares worth $579k

Saba Capital Management, L.P., a ten percent owner of ASA Gold & Precious Metals Ltd (NYSE:ASA), recently purchased 11,566 shares of common stock at a price of $50.1, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the purchase was $579456.

Following the transaction on October 20, 2025, Saba Capital Management, L.P. beneficially owns 4964743 shares of ASA Gold & Precious Metals Ltd.

The filing was signed by Zachary Gindes on behalf of Saba Capital Management, L.P. and Boaz Weinstein.

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 until the 2025 Annual General Meeting of Shareholders. She has also been appointed as Chair of the company’s Audit and Ethics Committee. Additionally, the Board has designated Caldwell as an audit committee financial expert. These developments are part of the company’s ongoing governance adjustments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.