Tuesday, November 25, 2008

Godrej Consumer approves buyback offer

Mumbai, Nov 25 : FMCG major Godrej Consumer Products today said its board has approved to buyback its equity shares from open market at a price not exceeding Rs 150 a piece.

"The buyback will be through open market and subject to a maximum price of Rs 150 per share and a maximum outlay of Rs 14.90 crore,” Godrej Consumer Products Ltd said in a filing to the Bombay Stock Exchange.

Shares of the company closed at Rs 118.50, up 0.98 per cent on the BSE.

No comments: