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Zydus Life Buyback: ₹1,100 Crore Share Repurchase Opens Soon
1 Jun
Summary
- Zydus Life's ₹1,100 crore share buyback opens June 4.
- The buyback price was revised to ₹1,260 per share.
- Record date for eligibility was Friday, May 29.
Zydus Lifesciences has announced its ₹1,100 crore share buyback program, which is set to open on Thursday, June 4, 2026, and will conclude after four trading sessions on Wednesday, June 10, 2026. The company recently revised the terms, increasing the buyback price to ₹1,260 per share from an earlier ₹1,150 and will repurchase 87,30,158 equity shares.
Shareholders who held Zydus Life stock as of Friday, May 29, 2026, the record date, are eligible to participate. Small shareholders, defined as those with share capital up to ₹2 lakh, will have five equity shares accepted for every 49 shares held. For the general category, seven equity shares will be accepted for every 937 shares.
This buyback represents the third instance for Zydus Lifesciences since 2022, with previous buybacks occurring in 2024 at ₹1,005 per share and in 2022 at ₹650 per share. Promoters had participated in both prior buyback programs. As of the close on Friday, Zydus Life shares traded at ₹1,082, reflecting an 18% increase year-to-date.
