Business Standard

Coal India completes Rs 3,650 cr buyback of equity shares

Image

Press Trust of India New Delhi
State-run Coal India today said it has completed buyback of equity shares worth Rs 3,650 crore.

The buyback, which opened on October 3, closed on October 18 and the total number of shares brought back was 10.89 crore at a price of Rs 335 per share.

"The total amount utilised in the buyback of equity share is Rs 3,650 crore...," Coal India said in a BSE filing.

Pursuant to the buyback, the promoter holding in Coal India stands at 79.78 per cent.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2016 | 8:42 PM IST

Explore News