DLF Buy Back Issue: DLF BuyBack at 600.Rs
DLF has announced a buy back of Rs 1,100 crore equity at a maximum price of Rs 600 per share. The volume of the buyback would go up to 2.2 crore shares; that is 1.1-1.29% equity. The promoters’ stake will go up from 88.1% to 89.3%, if buyback is completed.
What does this mean for shareholders?
This [...]