MUMBAI: BSE Limited (earlier known as Bombay Stock Exchange) plans to buy back its fully paid up equity shares of ₹2 each at ₹680 per equity share through tender offer route. The company proposes to buy back 67.64 lakh equity shares an offer price, representing 13.06 per cent of the total paid-up equity capital. The buyback offer size represents 24.73 per cent of aggregate of the total paid up capital and free reserves. The board recommended payment of dividend of ₹25 per equity share of face value of ₹2 each. After taking into account the interim dividend of ₹5 per share paid in the month of December 2018, the total dividend for the financial year stands at ₹30 per equity share of face value of ₹2 each.

Source: Mint May 08, 2019 07:18 UTC