EID Parry up 3% as co to consider interim dividend
Shares of EID Parry were up 3.15% mid way through Friday’s trade, as the company is considering interim dividend in its next board meeting on March 16.
By ET Bureau |
MUMBAI: Shares of EID Parry were up 3.15% mid way through Friday���s trade, as the company is considering interim dividend in its next board meeting on March 16.
The stock was at Rs131, amid very low trading volumes. Only 547 shares exchanged hands at the BSE as against trading quantity of 72, 241 shares on Thursday.
On Thursday, the company announced the completion of buy back and said it has extinguished 27,78,540 equity shares till date and is in the process of extinguishing 3,56,161 shares.
The buyback commenced on Dec 15, 2008 and closed on March 2, 2009. Till closure of buyback, the company utilised 94.48% of the amount authorized for the buyback.
The highest price at which the shares were bought back was Rs l58 while the lowest price was Rs 137. The shares were bought at an average price of Rs. 141.18.
The stock was at Rs131, amid very low trading volumes. Only 547 shares exchanged hands at the BSE as against trading quantity of 72, 241 shares on Thursday.
On Thursday, the company announced the completion of buy back and said it has extinguished 27,78,540 equity shares till date and is in the process of extinguishing 3,56,161 shares.
The buyback commenced on Dec 15, 2008 and closed on March 2, 2009. Till closure of buyback, the company utilised 94.48% of the amount authorized for the buyback.
The highest price at which the shares were bought back was Rs l58 while the lowest price was Rs 137. The shares were bought at an average price of Rs. 141.18.
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