Mayur Uniquoters announces ₹30 crore buyback at 60% premium
pre-market1 source ↓written by the desknot a recommendation
- at a price
- 750,000 equity shares
- a price
- ₹400 per share
- totaling
- ₹30 crore
- over the BSE
- 59.97% premium
Mayur Uniquoters Limited has approved a share buyback of 750,000 equity shares at a price of ₹400 per share, totaling ₹30 crore. This buyback represents a 59.97% premium over the BSE closing price, reflecting the company's confidence in its financial health.
This initiative may enhance shareholder value and could positively influence market sentiment around the stock.
Not investment advice. For informational purposes only.