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Bajaj Consumer Care Limited ( (IN:BAJAJCON) ) has issued an update.
Bajaj Consumer Care Limited announced the completion of a buyback of its equity shares, with a total of 64,34,482 shares repurchased at INR 290 per share, amounting to an aggregate of INR 18,660 lakhs. This buyback, conducted through the tender offer route, is part of the company’s strategy to optimize its capital structure and enhance shareholder value. The announcement was published in major newspapers and is expected to impact the company’s financial positioning positively.
More about Bajaj Consumer Care Limited
Bajaj Consumer Care Limited operates in the personal care industry, primarily focusing on the production and distribution of hair care and skincare products. The company is known for its market presence in India, offering a range of products that cater to diverse consumer needs.
Average Trading Volume: 103,005
Technical Sentiment Signal: Buy
Current Market Cap: 33.93B INR
See more insights into BAJAJCON stock on TipRanks’ Stock Analysis page.