News > Board of Zydus Lifesciences approves buyback of shares up to Rs 750 cr

Board of Zydus Lifesciences approves buyback of shares up to Rs 750 cr

Business Standard | 20/05/2022 09:25 PM | Click to read full article

The Board of Directors of Zydus Lifesciences Limited has granted approval for a share buyback offer for an aggregate amount up to ₹750 crores for its 1.13 per cent of total paid-up equity shares at a price of ₹650 per share.

The buyback price works out to about 90 per cent premium to the closing price of May 19, 2022.

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