Financial Daily from THE HINDU group of publications
Tuesday, Dec 21, 2004
Financial Daily from THE HINDU group of publications Tuesday, Dec 21, 2004 |
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Power Corporate - Buyback Reliance Energy extends buyback Our Bureau
Mumbai , Dec. 20 RELIANCE Energy Ltd on Monday extended the buyback programme of its equity shares up to March 17, 2005. This will be the second extension to the buyback since it was announced on June 14. On June 14, REL had announced a buyback that was to end on June 8, 2005. Initially, the buyback was to be open for 90 days to close on September 18. On July 21, the board decided to extend the buyback up to December 17. JM Morgan Stanley, managers of the buyback, said that the company will continue buying shares for another 90 days up to March 2005.
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