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Cochin Shipyard Limited – INDIA – Buyback
On September 22, 2018, Cochin Shipyard Limited (BSE:540678) announced that it intends to initiate an equity buyback on October 16, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On October 16, 2018, Cochin Shipyard Limited (BSE:540678) announced a tender offer to buyback 4.40 million shares at a buyback price of INR 455.00 per share. This represents a spread of 13.7% over the market price of INR 400.05 per…