Entries Categorized as 'Reliance'

Reliance (RIL) sells 2675 cr. of Treasury Stock

Date January 4, 2010

Reliance Industries today sold 2,675 cr. of its own stock at an average price of 1,035 per share, to fund . LiveMint says the money will most likely go to fund the LyondellBasell acquisition ($10-12 billion, or 45-55K cr). Treasury stock is when a com…