UPL climbed 5 per cent to Rs 664 on the BSE intra-day trade after the agrochemicals company announced that its board would consider a share buyback proposal on Wednesday, March 2, 2022.
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“A meeting of the board of directors of the Company is scheduled to be held on Wednesday, 2nd March 2022 inter-alia to consider a proposal for buyback of fully paid-up equity shares of the Company,” UPL said in an exchange filing on Thursday after market hours. The stock ended 8 per cent lower at Rs 632 yesterday.
