L&T sets share buyback tendering period between September 18 and 25
Thu, Sep 14, 2023 11:04 AM

L&T sets share buyback tendering period between September 18 and 25

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Larsen & Toubro (L&T), an Indian multinational conglomerate, is offering its first share buyback to shareholders since its listing. Buyback offers investors a way to receive tax-efficient cash payouts. The company has set the buyback period between September 18 and 25, during which it will purchase 3.12 crore shares at Rs 3,200 per equity share, out of its current surplus or cash balances.

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