/ Bayer CropScience Approves Buyback For Rs 500 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 6 June 2017

Bayer CropScience Limited on Tuesday, in a BSE filing announced that the board of directors of the company has approved a buyback proposal for purchase by the company of up to 1,020,408 equity shares of Rs 10 each (representing 2.89% of the total equity capital) at a price of Rs 4,900 per equity share, aggregating to approximately Rs 500 crore.

Bayer CropScience Limited was trading at Rs 4784, down by Rs 75.05 or 1.54% as at 14.09 on Tuesday, on the BSE. The stock touched a low of Rs 4720.

Bayer CropScience is a world leader in the areas of crop protection, pest control, seeds and plant biotechnology. The company offers comprehensive solutions for modern, sustainable agriculture and non-agricultural applications. The company operates in the area of Crop Protection, Environmental Science and BioScience.

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