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The buyback offer of DB Corp will open on Tuesday and end on August 23. It plans to buy back up to 92 lakh equity shares (being 5 per cent of the total paid-up equity capital) at ₹340 a share. The promoters and promoter group will tender up to a maximum of 34 lakh equity shares (1.85 per cent of the share capital of the company). Only those shareholders whose names appeared on July 18 on its record books are eligible to participate in the buyback, which is through a tender offer on proportionate basis.
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