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Bharat Electronics Limited – INDIA – Buyback

Bharat Electronics Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On August 1, 2016, Bharat Electronics Limited (BSE:500049) announced that it intends to initiate an equity buyback. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 1239.25 At the time of potential buyback announcement, the terms of buyback i.e. mode of…