Reliance Industries said that it had bought back 2.45 crore shares for Rs 1,750.31 crore as of June 1.

The average buyback price per share was Rs 713.68. The RIL board approved buyback of up to 12 crore shares (7.22 per cent) in January this year. The maximum price was fixed at Rs 870 per share.

The buyback will remain open till January 19, 2013.