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Sobha Limited – INDIA – Buyback
Sobha Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On May 16, 2016, Sobha Limited (BSE:532784) announced that it intends to initiate an equity buyback on May 19, 2016. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 303.25 At the time of potential buyback announcement, the terms of buyback i.e. mode of buyback (tender…