Key Points
BSE board also fixed the record date for the proposed share buyback at September 14, 2023..
The revised BSE share buyback price is 1.62% higher than Thursdays closing price of 1,062.75 apiece..
... the board approved increase in the Buyback Offer Price from 816 per Equity Share to 1,080 per Equity Share, payable in cash, for an aggregate maximum amount not exceeding 374 crore.." BSE said in a regulatory filing..
As per the revised buyback offer, BSE will now be buying back 34.70 lakh equity shares, representing 2.56% stake of the company..
In July, the stock exchange BSE had announced share buyback of over 45.93 lakh shares worth up to 374.80 crore at 816 per share..
