Zydus Lifesciences announces Rs 1100 crore buyback at Rs 1260 per share
ZYDUSLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty 100 and 0.6 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Zydus Lifesciences has announced a buyback of up to 87.30 lakh equity shares (0.87 percent of paid-up capital) at Rs 1,260 per share, aggregating up to Rs 1,100 crore. The buyback price was revised upward from the original Rs 1,150 per share approved on May 19, 2026. The buyback will run from June 4, 2026 to June 10, 2026 via the tender offer route. Record date is May 29, 2026. Small shareholders get a reserved quota with higher entitlement ratio.
Shareholders can tender shares up to entitlement at Rs 1,260. Buyback may support stock price near-term. Small shareholders have reserved quota.