HPCL approves Rs. 2,500 crore share buyback

HPCL approves Rs. 2,500 crore share buyback

by admin- Thursday, November 5th, 2020 04:40:31 PM

Hindustan Petroleum Corporation Ltd (HPCL) rose almost 9% to Rs. 202.9, after the enterprise accepted the suggestion for buyback of equity stocks, for an combination quantity no longer exceeding Rs. 2,500 crore and at a price now not exceeding Rs. 250 according to equity proportion, payable in cash, from its shareholders / beneficial proprietors from the open market.

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