ONGC Board Approves Rs 4,022 crore Share Buyback

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(PTI)

The board of Oil and Natural Gas Corp (ONGC)  approved buyback of 25.29 crore shares for Rs 4,022 crore. Tn a regulatory filing, ONGC board approved buyback of 1.97 per cent of equity shares for Rs 159 apiece.In a regulatory filing, ONGC said its board had approved “buyback of equity shares of the company not exceeding 25.29 crore being 1.97% of the total paid-up equity shares of the company at the price of ₹159 per equity share payable i0n cash for an aggregate consideration not exceeding ₹4,022 crore.”

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