Business Daily from THE HINDU group of publications
Sunday, Oct 19, 2008
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Business Daily from THE HINDU group of publications Sunday, Oct 19, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Buyback DLF re-purchases 2.5 lakh shares New Delhi, Oct. 18 DLF Ltd has re-purchased 2.5 lakh shares worth about Rs 7.7 crore, marking the first day of its stock buyback programme. The shares were bought on the Bombay Stock Exchange as well as National Stock Exchange at an average price of Rs 304.19 a share, according to information with the stock exchanges. The company bought about 1.5 lakh shares from NSE, and another one lakh shares from BSE. It had announced plans to buy back shares at a maximum of Rs 600 each, in July this year. The realty firm plans to allocate up to Rs 1,100 crore to buy back a maximum of 22 million shares and a minimum of 5.5 million shares. - Our Bureau More Stories on : Buyback | Real Estate & Construction | DLF Ltd
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