Zydus Lifesciences announces ₹1,100 crore share buyback
pre-market1 source ↓written by the desknot a recommendation
- at a price
- ₹1,100 crore
- a price
- ₹1,150 per share
- over the last
- 13% premium
- cover
- 95.65 lakh shares
- of its paid-up
- 0.95%
Pharma major Zydus Lifesciences has unveiled its largest-ever share buyback worth ₹1,100 crore at a price of ₹1,150 per share, reflecting a 13% premium over the last closing price. The buyback will cover up to 95.65 lakh shares, representing 0.95% of its paid-up equity. The record date for eligibility is set for 29 May 2023.
Not investment advice. For informational purposes only.