PC Jeweller spikes 18% on share buyback approval

PC Jeweller (PCJ) jumped early on Friday, this time over 18% after the board approved share buyback of Rs 424 crore. In a BSE filing, the company said it will buy back up to 1,21,14,286 fully paid-up shares of Rs 10 each. This comprises 3.07% of the total paid-up equity capital at Rs 350 per share.

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