CURRENTLY OPEN IDEAS ARE AVAILABLE FOR MEMBERS ONLY.
Redington (India) Limited – INDIA – Buyback
On September 11, 2018, Redington (India) Limited (NSEI:REDINGTON) announced that it intends to initiate an equity buyback on September 17, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On September 17, 2018, Redington (India) Limited (NSEI:REDINGTON) announced a tender offer to buyback 11.12 million shares at a buyback price of INR 125.00 per share. This represents a spread of 17.2% over the market price of…