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GESHIP — The Great Eastern Shipping News Story

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India's Great Eastern Shipping climbs on share buyback approval

BUZZ-India's Great Eastern Shipping climbs on share buyback approval

** Shares of Great Eastern Shipping Company GESC.NS rise as much as 3.5%, last up 2.3% at 1,346.9 rupees

** Co approved share buyback worth up to 9 bln rupees ($94.2 mln) at 1,530 rupees/share - a 16.2% premium to last close

** YTD, GESC up ~19%


($1 = 95.5425 Indian rupees)


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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