AUROPHARMA

announces share buyback; Record date on April 17 - Check price, size

Aurobindo Pharma Share Buyback, Aurobindo Pharma Buyback Price:Aurobindo Pharma on Monday (April 6) has announced a share buyback programme. Subject to required approvals from regulatory and/or statutory authorities under applicable laws, the company will buy back up to 54,23,728 fully paid-up equity shares of face value INR 1 each. These shares represent up to 0.93% of the total paid-up equity share capital. A share buyback, or share repurchase, is a corporate action where a company buys back its own outstanding shares from existing shareholders, reducing the number of shares available in the market.