Kajaria Ceramics launches ₹297 crore share buyback
after close1 source ↓written by the desknot a recommendation
- and closing
- 3 July
- and closing
- 9 July
- plans to repurchase
- 21.50 lakh shares
- each
- ₹1,380
- over the last
- 14% premium
Kajaria Ceramics announced a share buyback worth ₹297 crore, opening on 3 July and closing on 9 July. The company plans to repurchase 21.50 lakh shares at ₹1,380 each, a 14% premium over the last closing price of ₹1,210.40. Eligible shareholders can tender shares at specified ratios based on their category.
Not investment advice. For informational purposes only.