Zydus Lifesciences Rs 600 Crore Buyback Offer Opens Feb 29
Feb 27, 2024 13:12
Zydus Lifesciences' Rs 600 crore share buyback offer opens on February 29 and closes on March 6, 2024. The company will repurchase up to 59.7 lakh shares at Rs 1,005 apiece.
New Delhi, Feb 27 (PTI) Zydus Lifesciences on Tuesday said its offer to buy back 59.7 lakh shares at Rs 1,005 apiece, aggregating to Rs 600 crore, will open on February 29.
The share repurchase programme will close on March 6, 2024, the drug firm said in a regulatory filing.
The company proposed to buy back up to 59,70,149 shares at Rs 1,005 apiece for an aggregate consideration not exceeding Rs 600 crore, it stated.
Shares of the company were trading 0.38 per cent up at Rs 946.15 apiece on the BSE.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.