Emami announces ₹282 crore share buyback at ₹475
after close1 source ↓written by the desknot a recommendation
- share buyback
- ₹282 crore
- per share
- ₹475
- equity shares
- 59.37 lakh
- of its paid-up
- 1.36%
- of the buyback
- 75%
Emami Ltd has approved a ₹282 crore share buyback at a maximum price of ₹475 per share. This buyback will involve purchasing up to 59.37 lakh equity shares, representing 1.36% of its paid-up capital. The company aims to utilize at least 75% of the buyback amount for this initiative, enhancing shareholder value.
Not investment advice. For informational purposes only.