Go Fashion announces ₹65 cr share buyback at ₹460
pre-market1 source ↓written by the desknot a recommendation
- at a price
- 14,13,000 equity shares
- each
- ₹460
- totaling
- ₹64.99 cr
- of the company's
- 2.62%
Go Fashion (India) Limited has authorized a share buyback of up to 14,13,000 equity shares at a price of ₹460 each, totaling ₹64.99 cr. This buyback represents 2.62% of the company's paid-up equity capital and aims to enhance shareholder value by improving Return on Equity (ROE) and Earnings Per Share (EPS). The program will be funded from free reserves, ensuring financial prudence.
Not investment advice. For informational purposes only.