Financial Daily
from THE HINDU group of publications
Wednesday, May 02, 2001
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Financial Daily from THE HINDU group of publications Wednesday, May 02, 2001 |
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Raymond completes buy-back programme
MUMBAI: Raymond Ltd has bought back 1,37, 10,083 shares from the open market under its buy back for a total consideration of Rs 186.25 crore.
The company has fixed an amount not exceeding Rs 186.24 crore for the purpose of buyback. It has discontinued the scheme of buyback with effect from April 30.
In a notification to the Bombay Stock Exchange, the company said that it has discontinued the scheme of buyback of its fully paid-up equity shares of face value of Rs 10 each from the open market through the trading mechanism of the Exchange.
Post-buyback, the shareholding pattern in the company is as follows: Promoters - 28.48 per cent, International Investors - 10.33 per cent, Indian Financial Institutions- 26.70 per cent, Others (including public and corporate bodies - 34.49 per cent. --
Our Bureau
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Related links: Raymond to buyback from March 7 Raymond decides to buy back at Rs 160 per share Comment on this article to BLFeedback@thehindu.co.in Send this article to Friends by E-Mail
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