Emami board approves ₹282 cr buyback at ₹475 per share
pre-market1 source ↓written by the desknot a recommendation
- of equity shares
- ₹282 crore buyback
- each
- ₹475
- of its total
- 1.36%
- higher
- 26.3%
- on BSE
- ₹376.10
Emami Ltd's board has approved a ₹282 crore buyback of equity shares at a maximum price of ₹475 each, representing 1.36% of its total paid-up capital. The buyback price is 26.3% higher than the last closing price of ₹376.10 on BSE. Up to 59.36 lakh shares may be repurchased, potentially increasing if bought at a lower price.
Not investment advice. For informational purposes only.