Financial Daily from THE HINDU group of publications
Friday, Dec 03, 2004
Financial Daily from THE HINDU group of publications Friday, Dec 03, 2004 |
|
|
|
|
|
Markets
-
Buyback Glaxo Consumer up on buyback plans Our Bureau
Mumbai , Dec. 2 THE board of directors of GlaxoSmithKline Consumer Healthcare Ltd will meet on December 10, 2004 to consider buy back of the company's equity shares. Following an announcement to this effect to the BSE today, the scrip rose 13.32 per cent to Rs 323.30 from the previous close of Rs 285.30. The stock touched an intra-day high of Rs 329.65, only Rs 10 short of its 52-week high of Rs 339.90 recorded on December 11, 2003. The company had been mulling share buy back for some time on the strength of its surplus cash position.
More Stories on : Buyback
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|