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MOIL Limited – INDIA – Buyback
On January 29, 2018, MOIL Limited (BSE:533286) announced that it intends to initiate an equity buyback on February 5, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On February 5, 2018, MOIL Limited (BSE:533286) announced a tender offer to buyback 8.77 million shares at a buyback price of INR 240.00 per share. This represents a spread of 3.8% over the market price of INR 231.25 per share, as of the…