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Larsen & Toubro approves ₹10,000 crore share buyback plan
short by Mansi Agarwal / on Tuesday, 25 July, 2023
Larsen & Toubro on Tuesday announced that its board has approved a share buyback plan worth up to ₹10,000 crore. As per a filing, the conglomerate will buy back 3.33 crore shares at a maximum price of up to ₹3,000 apiece. The company first attempted to conduct a ₹9,000 crore buyback in 2019 but the proposal was rejected by SEBI.
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