The share buyback announced by BSE represents 9.99% of the total paid-up equity capital of the company as of 31 March 2017. Photo: Hemant Mishra/ MintNew Delhi: BSE Ltd on Tuesday said its board has approved plan to buyback shares worth Rs166 crore, a move that comes within one year of its listing. The exchange will buyback around 1,509,090 shares at a price not exceeding Rs1,100 per share, it added. The share buyback announced by BSE represents 9.99% of the total paid-up equity capital of the company as of 31 March 2017. Last year, BSE had raised Rs1,243 crore by selling a total of 1.54 crore shares through an initial public offering.

Source: Mint January 16, 2018 12:33 UTC