Emami approves ₹282 crore share buyback at ₹475
pre-market1 source ↓written by the desknot a recommendation
- price set
- ₹475 per share
- repurchase of approximately
- 59,36,842 equity shares
- of the company's
- 1.36%
Emami's board has approved a share buyback of up to ₹282 crore through the open market, with a maximum purchase price set at ₹475 per share. This initiative allows for the repurchase of approximately 59,36,842 equity shares, representing 1.36% of the company's paid-up equity capital. The buyback reflects Emami's commitment to returning capital to shareholders while continuing to invest in its core and new business areas.
Not investment advice. For informational purposes only.