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Eicher Motors to start share buyback in March
Published : 05-02-2009 - Duration : 00:02:31 - Like : 2
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India's third largest commercial vehicle maker Eicher Motors on Wednesday announced plans to buyback up to 1.4 million shares from the market in March. However, the buyback is priced at a huge premium to current market price. Eicher wants to mop up 21.28 per cent shares of paid up capital at a price of just over Rs 690 per share. It is going to...
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