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Bosch Board Clears Buyback of Shares

financialexpress.com

The company proposes to buy back 8.78 crore shares at a price of Rs 23,000 apiece, it said in a stock exchange filing. (Reuters) The board of directors of auto parts maker Bosch on Friday approved a proposal to buy back shares worth Rs 2,019.7 crore from investors. The company proposes to buy back 8.78 crore shares at a price of Rs 23,000 apiece, it said in a stock exchange filing. The price is at a premium of 1.8% to the stock’s closing price on Friday...

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