BENGALURU (Reuters) – Shares of Bajaj Auto rose over 5% on Tuesday after the company said it will buy back shares worth up to 40 billion rupees (nearly $482 million).
The company will buy back shares at an over 43% premium to its last closing price of 6,983.85 rupees.
(Reporting by Manvi Pant in Bengaluru; Editing by Savio D’Souza)
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