Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
419.15
-21.25 (-4.83%)
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Coal India gets nod for buyback of up to 4.47 crore shares

Date: 05-02-2019

Coal India has received an approval for buyback of up to 4.47 crore shares totalling to Rs 1,050 crore at Rs 235 per share. This is the second buyback by the company in two years.

The Board of Directors of the Company at its meeting held on February 04, 2019, approved the same.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.