Page 2 - Buyback

Bond traders hanker for short-term borrowing cuts as buybacks fail

Banking system liquidity has stayed in deficit for last four weeks, coinciding with start of the first phase of general elections, with average daily average deficit in May rising to Rs 1.2 trillion

Apple announces biggest stock buyback in history. What is a stock buyback?

If Apple buys back all the shares it said it would, it will own nearly 4 per cent of its own company

BAT starts $2 billion buyback after selling part of its stake in ITC

The London-listed company said it will purchase £700 million of its shares in 2024 and £900 million by the end of 2025

Just Eat forecasts 40% core profit jump, share decline by around 6%

Shares in Just Eat fell by more than 6% after its updated outlook matched market expectations, with one trader saying the lack of a new share buyback programme may disappoint investors

Zydus Lifesciences announces share buyback of Rs 600 cr; to open on Feb 29

The buyback will open on February 29 and the share repurchase programme will close on March 6, 2024

Barclays focuses on Britain; cost cuts, buybacks to win over investors

The bank's first strategy update in almost a decade marks an inflection point for Venkat as he tries to improve returns after a period of management turmoil and underwhelming results

Unilever launches $1.6 share billion buyback after sales volumes rise

Unilever's shares rose as much as 4% on Thursday, hitting their highest point since it last reported earnings in October

Deutsche Bank posts 30% drop in Q4 profit; announces buybacks, dividends

The earnings set the stage for what could be a more difficult 2024 for banks, with possible interest rate cuts later this year eroding the interest income that has proven a boon to banks

Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Bajaj Auto's Board has board approved Rs 4,000-crore share buyback at Rs 10,000 per share

Bajaj Auto rallies 6%, hits new high as board to mull buyback on January 8

With today's gain, the market price of Bajaj Auto has zoomed 96 per cent in the past one year, as against nearly 17 per cent surge in the S&P BSE Sensex

Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs

A buyback is a process a company employs to repurchase its shares from stakeholders

Stocks to Watch: TCS, JSW Steel, NMDC, PFC, ONGC, HPCL, LTIMindtree, Apar

Stocks to Watch on November 24, 2023: TCS will turn ex-buyback today; govt plans to ask ONGC to consider launching a rights issue to help fund green projects at refining arm Hindustan Petroleum Corp

Sensex gains 307 pts, Nifty holds 19,750; IT stocks dazzle, PSBs decline

Closing Bell on November 16, 2023: Among sectors, the Nifty PSU Bank index fell 0.24 per cent, the Nifty FMCG 0.15 per cent, and the Nifty Bank 0.09 per cent

TCS hits 52-week high, gains 1% in weak market on share buyback plan

Sharekhan believes, despite the challenging environment, TCS is well placed to grab cost takeout as well as digital transformation programs along with opportunities from vendor consolidation

Weekend Bites: RBI kills one bird with one stone, future of 50-over cricket

In which we munch over the week's platter of news and views

FDC surges 10% as board to consider buyback on August 9

Since April, the stock price of FDC has appreciated 48 per cent as compared to 11.2 per cent rise in the S&P BSE Sensex

Zypp Electric allocates Rs 1.5 crore for buyback, first in EV industry

Zypp Electric said the allocation has been made to 15 employees who have been in the company for over a year

Swiggy announces second tranche of ESOP buyback plan totaling $50 mn

Employees who moved from Dineout after Swiggy bought it last year, will also be eligible for the liquidity programme

Aarti Drugs surges 14% on firm Q1 result, approves buyback via tender route

The board has approved the buyback of 665,000 equity shares at Rs 900 per share via the tender offer route

Wipro announces Rs 12,000-crore share buyback at Rs 445 per share

IT services firm initiated a similar programme in 2020 worth Rs 9,500 crore