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Mumbai, Jan. 31 Hindustan Unilever Ltd announced the closure of their buyback scheme on January 31, at the bourses.

The company had set aside Rs 630 crore to buy back up to 25 per cent of its stake at a price not exceeding Rs 230 per share and the buyback was implemented by way of open market purchases through the BSE and the NSE. The buyback commenced on October 3.

The buyback offer was approved by the board of directors on July 29 and by the shareholders on September 14.

The company’s scrip on Wednesday closed at Rs 206.5 up 5.04 per cent from the previous day’s close of Rs 196.6.

More Stories on : Stocks | Buyback | Personal Products | Hindustan Unilever Ltd

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