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Bharti Infratel announces buyback of equity shares

Discussion in 'Stock Market News & Analysis' started by capitalstars05, Jun 14, 2016.

  1. capitalstars05

    capitalstars05 New Member

    Sep 26, 2014
    Likes Received:
    Bharti Infratel, the flagship company of Bharti Enterprise has announced buyback of 4.70 crore equity shares of Rs10 at a price of Rs425 per share.
    The buyback shall be undertaken on a proportionate basis from the shareholders as of June 16, 2016.
    As the record date is June 16, investors have to buy Bharti Infratel shares by Tuesday to participate in the buyback offer. Public holding stands at 28.22% in the company.

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