MUMBAI: Anil Ambani group firm Reliance Energy on Tuesday said it has bought shares worth over Rs 230 crore, representing nearly 30 per cent of the buyback offer.
The company has completed buyback of 18.61 lakh equity shares worth Rs 230.34 crore till today, the company said in a release.
Reliance Energy bought back 81,680 equity shares today, it added.
The last date for the buyback would be March 4, 2009, a year from the date of the Board's approval for the offer.
The company's Board of Directors had approved the buyback of shares worth about Rs 800 crore in the first phase.
Shares of Reliance Energy closed at Rs 1,150.45, down 1.07 per cent, on the BSE.
Tuesday, April 8, 2008
Reliance Energy buys back shares for Rs 230 cr
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