Emami board to consider buyback of shares today. Details here
Emami board is going to consider and approve buyback price and record date in its scheduled meeting today
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Emami board is going to consider and approve buyback price and record date in its scheduled meeting today
Emami Ltd said it will buy back up to 41,33,333 shares at not over ₹450 per share, through open market route, according to an exchange filing today. The buyback of shares is at a 23.6% premium to the closing price of the company's shares at ₹364.10 on the NSE on Thursday. The company will spend up to ₹1.86 bln to buy back up to 0.94% of the company's equity.
Emami buyback price has been fixed at ₹450 per share
The Board of Directors of Emami Limited, has approved the proposal to Buyback Equity Shares of the Company upto Rs. 450 per share through open market purchase.
Angelo George graduated from Madras Christian College and later completed his PGDM at Bangalore University. He also did an Advanced Global Management Program from ISB Hyderabad & Kellogg School of Management, Chicago.