Zydus Lifesciences Limited — Dividend/Bonus, 01-06-2026: Buyback
01-06-2026 | 05:14 pm
01-06-2026 | 05:14 pm
Zydus Lifesciences (ZYDUSLIFE) has announced a buyback of 87.30 Lakh shares for a total of ₹1,100 Cr. The company will repurchase shares at ₹1,260 per share via a tender offer. The buyback opens on June 4, 2026, and closes on June 10, 2026.
Small shareholders (holding shares worth up to ₹0.02 Cr) will have a reserved portion. Promoters intend to participate. Post-buyback, promoter stake may rise slightly from 74.99% to 75.09%, while public shareholding may decrease from 25.01% to 24.91%. This aims to return surplus cash and boost shareholder value.
No comments yet. Be the first to comment!
