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Shares of Sobha will turn ex-date for buyback on Friday. Its board had approved buyback of up to 22.75 lakh shares from shareholders for about ₹75 crore at ₹330 a share on proportionate basis. That means, Thursday is the last date for investors to take part in the buyback. Among the shareholders are Schroder International, Nordea 1 Sicav - Emerging Stars Equity Fund and Ntasian Discovery Master Fund and College Retirement Equities Fund.
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