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Novartis India Limited – INDIA – Buyback
Novartis India Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On May 23, 2016, Novartis India Limited (BSE:500672) announced that it intends to initiate an equity buyback on May 26, 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 711.10 At the time of potential buyback announcement, the terms of buyback i.e. mode of…