Shares of AstraZeneca Pharma India Ltd jumped nearly 10 per cent a day after the company’s board announced a dividend of Rs 8 per share.
After hitting a one-day high of Rs 2965.25, AstraZeneca shares were trading at Rs 2914 in the previous trade, up nearly 10 per cent. Latest trade data suggests Rs 250 ex-share gain from Thursday’s close of Rs 2649.50.
This follows a stock exchange filing on Thursday, which showed that the board of directors of the company, in its meeting held on May 26, 2022, recommended a final dividend of Rs 8 per equity share for the previous financial year, 2021-22. was recommended.