BSE Ltd Buyback at Price 1100/- (All About)



Type of Buyback - Open Market Buyback

Maximum Buyback Price  - 1100/-

Face value of BSE Ltd. Share - 2/-

Maximum Amount use on BSE Ltd. Buyback - 166 Crores.

No. of Equity Share Can Be Buyback at Maximum Price - 15,09,090 Shares.

In Percentage Term - 2.80% (at maximum rate)

Action For Investors : Not Required.



BSE Ltd. Board Meeting about Buy Back : "BSE Limited has informed the Exchange that the Board of Directors of the Company at its meeting held January 15, 2018 has inter-alia approved the Buyback proposal for purchase by the Company of its fully paid-up equity shares of face value of Re. 2/- each ("Equity Shares" and such buyback, the "Buyback"), from the shareholders/beneficial owners of the Company, at a price not exceeding Re. 1,100 (Rupees One Thousand and One Hundred Only) per Equity Share ("Maximum Buyback Price") from the open market through stock exchange mechanism in such manner as may be prescribed in the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998 ("Buy-back Regulations") and the Companies Act, 2013 ("Act") (including any statutory modification(s) or re-enactment of the Act or Buy-back Regulations, for the time being in force)."

BSE Ltd. Board approves Buyback of BSE Ltd Shares . Its Open Market Buyback, in open market buyback company buy shares from market directly. Total 166 crores use on this Buyback. Maximum Price per share paid by companies will be 1100/- per share. 

Comments

Recommended