Comments
Shares of PSU major NHPC will turn ex-date on Thursday for the proposed ₹600-crore buyback.
The company plans to buy back 21.42 crore equity shares (representing 2.09 per cent of the total number of equity shares in the paid-up share capital of the company) at ₹28 apiece.
The buyback will be on proportionate basis through tender offer. Investors wishing to participate in the buyback, need to own NHPC shares by Wednesday, as the record date is November 30.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.