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The buyback offer from Just Dial will begin on Thursday. The local search engine firm plans to buy back up to 10.61 lakh shares at ₹1,550 apiece on proportionate basis. Just Dial had fixed the record date as December 4. The buyback is being undertaken to return surplus funds to shareholders. Just Dial plans to spend up to ₹164.5 crore on the share buyback programme. The buyback offer will remain open till March 10.
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