Coal India Share Buyback 2019: World's largest coal producer's buyback offer closes March 15; Key points to know
Coal India is repurchasing its shares worth Rs 1,050 crore as announced earlier. The company plans to buy back 4,46,80,850 shares, which is equal to its 0.72 per cent stake at Rs 235 per share.
Share buyback is a route for companies to return some wealth to shareholders, while potentially boosting their stock prices. PTI