New Delhi, June 2 -- Zydus Lifesciences share buyback: Zydus Lifesciences said that its Rs.1,100 crore share buyback offer will open on Thursday, June 4, and remain available for four trading sessions, with the closing date set as Wednesday, June 10.

Ahead of the opening, the pharma stock was trading 2.5% lower at Rs.1,063 apiece on Tuesday, 2 June. Zydus Lifesciences share price has gained over 19% in a month and 16% on a year-to-date (YTD) basis.

As part of the revised buyback offer, the company will repurchase 87,30,158 equity shares. The company had updated the terms last week, increasing the buyback price to Rs.1,260 per share from the earlier Rs.1,150 per share.

Under the buyback entitlement ratio for small shareholders, the comp...