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Gandhi Special Tubes Limited – INDIA – Buyback
On December 11, 2017, Gandhi Special Tubes Limited (BSE:513108) announced that it intends to initiate an equity buyback on December 18, 2017. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On December 18, 2017, Gandhi Special Tubes Limited (BSE:513108) announced a tender offer to buyback 0.88 million shares at a buyback price of INR 500.00 per share. This represents a spread of 43.8% over the market price of INR…