The cash-rich LT, which is one of the most diversely held companies in the country, plans to buy back 6 crore shares at a maximum price of Rs 1,500 apiece, which is over 13 per cent premium to Tuesday#39;s closing price of Rs 1,322.15. The buyback is worth 4.29 per cent of the paid-up equitycapital.In a category first, LT announces Rs 9,000 cr buyback
The cash-rich LT, which is one of the most diversely held companies in the country, plans to buy back 6 crore shares at a maximum price of Rs 1,500 apiece, which is over 13 per cent premium to Tuesday#39;s closing price of Rs 1,322.15. The buyback is worth 4.29 per cent of the paid-up equitycapital.
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