Abbott India has announced its share buyback plans. The company deals in drugs & pharmaceuticals products. It is a part of the global diversified healthcare company Abbott.
According to its plans the company will buyback shares worth up to Rs 50.24 crore. It will buy the shares from its shareholders at a price of Rs 630 per share.
The company will buyback 7.97 lakh shares at a price of Rs 630 per share.
The buyback size is less than 25 per cent of the company’s paid-up equity capital. The offer would open on July 11 and close on September 02.
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