Adams Diversified Equity Fund, Inc. (NYSE:ADX) announces a share repurchase program. Under the program, the company will repurchase up to 10% of its issued share capital. The shares will be repurchased at a price of 98% of NAV per share.

The purpose of the program is to provide liquidity at a predetermined price to shareholders seeking to rebalance their portfolios. The program is valid till August 2, 2024.