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NLC India Limited – INDIA – Buyback
On October 3, 2018, NLC India Limited (BSE:513683) announced that it intends to initiate an equity buyback on October 9, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On October 9, 2018, NLC India Limited (BSE:513683) announced a tender offer to buyback 141.93 million shares at a buyback price of INR 88.00 per share. This represents a spread of 19.0% over the market price of INR 73.95 per share, as of the…