Hindustan Unilever Ltd has informed BSE that the Company has completed total Buy-back of 2,28,83,204 equity shares of Re. 1/- each, till March 23, 2011 amounting to Rs. 625,29,68,086/- being approximately 99.25% of the total Buy-back Offer of Rs. 630 crores. The number of shares bought back is in excess of the requisite minimum Buy-back of 56,25,000 Equity Shares as stated in the Public Announcement dated August 11, 2010.
Further, the Buy-Back Committee of the Board has, at its meeting held on March 23, 2011, decided to close the scheme for Buy-back of Equity Shares from open market route through stock exchange with effect from March 28, 2011 (hereinafter referred to as the Last Date for the Buy-back). All payment obligations relating to the Buy-back offer shall be completed before the Last Date for the Buy-back.Read More
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Wednesday, March 23, 2011
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