Indian Toners & Developers Limited Announces
Share Buyback Program for 458,268 Shares, Totaling INR 206.22 Million.
Indian Toners & Developers Limited (BSE:523586) has unveiled a new share buyback initiative, aiming to repurchase up to 458,268 shares, which constitutes 4.22% of its total issued share capital. The buyback will be conducted at a price of INR 450 per share, amounting to a total outlay of INR 206.22 million.
The company has set August 30, 2024, as the record date for this buyback offer. As of August 16, 2024, Indian Toners & Developers Limited has a total of 10,850,000 shares outstanding.