Alpine Total Dynamic Divdend Fund's (AOD) board authorizes a share repurchase plan "reflect(ing)...

|About: Alpine Total Dynamic Div... (AOD)|By:, SA News Editor

Alpine Total Dynamic Divdend Fund's (AOD) board authorizes a share repurchase plan "reflect(ing) the Board's belief ... that the market continues to undervalue the (stock)." Net asset value is estimated at $4.57 vs. yesterday's close of $3.93. Fund president Sam Lieber was a buyer of shares a month ago. Shares +2.3% to $4.02 premarket. (PR)