Emami board approves share buyback of up to Rs 282 crore at Rs 475 per share

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EMAMILTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.8%Reaction day

₹369.00

prior close

₹386.15

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.8%+0.9% vs market

Personal Care peers, median of 14sector+0.1%+1.7% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.7 pts more than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.2

15m

-0.4

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.8+0.9+0.1+1.7

Next day

-0.1+2.4-2.5-0.3+0.2

+3.5+2.3+1.2+0.5+3.0

+5.7+2.2+3.4+1.0+4.7

+6.1+3.1+3.0+1.9+4.2

+5.6+1.6+4.0+0.8+4.8

+4.9-0.0+4.9-0.3+5.3

15d

+0.3-1.6+1.9-0.3+0.5

+1.7-2.4+4.1-0.7+2.5

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UpDownMarket · Nifty Smallcap 250Sector · Personal Care peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Emami's board approved a buyback of equity shares worth up to Rs 282 crore at a maximum price of Rs 475 per share, to be done through the open market. This translates to about 59.37 lakh shares, or 1.36 percent of paid-up capital. At least 75 percent of the amount (Rs 211.5 crore) will be used. Promoters and promoter group members are excluded, so only public shareholders will benefit.

Likely market impact

Open market buyback may support the share price; positive for public shareholders as promoters are excluded and only they can tender shares.