Welspun Living Sets Record Date for Rs 252-Crore Buyback at Rs 175 Apiece
Welspun Living fixed the record date for its Rs 252-crore share buyback, covering 1.44 crore shares or 1.5% of paid-up equity at Rs 175 per share. The home textiles major's capital return signals confidence in cash flows from its consumer retail and global bedding business.
Welspun Living announced record date for Rs 252-crore share buyback at Rs 175 apiece, covering 1.44 crore shares or 1.5% of paid-up equity, signalling capital return from the home textiles and consumer retail player.
Why this matters
Follows Welspun Living's earlier May 22 record date announcement for the equity share tender offer buyback, reinforcing its commitment to shareholder capital returns from its consumer retail and bedding operations.
Retail-company signals steady at 1,088 over the last 90 days.