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Friday, August 24, 2018

L&T's Buyback plan

Larsen and Toubro (L&T) has announced a Rs 9000cr share buyback plan that will see the engineering conglomerate acquire upto 6 crore shares at a price of Rs1500 apiece.

This is the first buyback by L&T and it constitutes around 4.29percent of the paid up equity capital of the company 

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