India's Great Eastern Shipping has revealed plans for a share buyback worth up to INR 1bn ($14.4m).
It will pay not more than INR 306 each for as many as 3.3m shares, it said.
The maximum purchase amount would equal 2.17% of the company.
The shares closed at INR 280.30 in Mumbai on 31 May.
In April, the tanker and bulker owner said it was contemplating a bond issue worth INR 10bn.
