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Trent Limited ( (IN:TRENT) ) has shared an announcement.
Trent Limited has announced the completion of a buyback offer involving 94,900 equity shares held in its associate company, Inditex Trent Retail India Private Limited (ITRIPL), at a price of Rs 15,421.85 per share, totaling Rs 146.35 Crore. This transaction reduces Trent’s shareholding in ITRIPL to 20%, impacting its financial stake and potentially altering its strategic positioning within the retail sector.
More about Trent Limited
Trent Limited operates in the retail industry, focusing on the development and management of retail stores. The company is associated with Inditex Trent Retail India Private Limited (ITRIPL), which contributes a significant portion to its income and net worth.
Average Trading Volume: 87,091
Technical Sentiment Signal: Hold
Current Market Cap: 1549.2B INR
For an in-depth examination of TRENT stock, go to TipRanks’ Overview page.