Meesho Declares its Largest ESOP Buyback Worth INR 200 Cr
Meesho, an online shopping platform, announced the beginning of an employee stock ownership plan (ESOP) buyback program, worth INR 200 crore. This amount is considered the company’s largest ESOP buyback pool to date. It’s the fourth buyback in this horizontal e-commerce unicorn. In February 2020, Meesho bought back shares worth $1 million in Feb 2020.
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