Bayer Cropscience, the agrochemicals manufacturer is planning to buyback its own shares from the public shareholders. In this regard, the company’s board will meet on July 22, 2013 to consider on the same. At present, the promoter Bayer AG and others hold 71.11% stake in its Indian arm.
Domestic institutional investors held 11.56% stake followed by individual shareholders (8.52%), foreign institutional investors (5.27%) and bodies corporate (3.52%). Bayer CropScience is one of the world's leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control.
