Page 7 - Share Buybacks

Balrampur Chini Mills soars 8%, hits record high on share buyback plan

The board of directors of Balrampur Chini Mills is scheduled to meet on Monday, August 9, 2021, to consider buyback of equity shares of the Company

Tanla Platforms hits 5% upper circuit for 2nd day straight on buyback plan

Despite past two days' gain, Tanla Platforms has underperformed the market in the last three months by falling 2.5 per cent, as compared to a 8.6 per cent rise in the S&P BSE Sensex

Infosys' buyback of shares worth Rs 9,200 cr to start from Friday

The company has proposed to buy back shares at a maximum price of Rs 1,750 per share

ByteDance launches share buyback after shelving IPO plans: Report

BEIJING (Reuters) - ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday.

Sebi imposes Rs 5.25 cr fine on Cairn India in share buyback case

Markets regulator Sebi on Wednesday imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buyback of shares in 2014.

Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal

Prospect of concrete action remains unclear despite the crisis at the country's second-biggest bank

Welspun India Q4 net surges 48%, announces Rs 200 crore share buyback

The total income during the quarter under review stood at Rs 2,173.56 crore as against Rs 1,664.46 crore in the corresponding quarter a year ago

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year

NIIT surges 19% on announcement of share buyback schedule

The company's board on December 24, 2020, had approved an up to Rs 237 crore buyback proposal at Rs 240 per equity share

GAIL buyback offer to open for 6,97,56,641 fully paid-up equity on Feb 25

The funds for the buyback will be met out of internally-generated cash resources of the company, it added

NIIT's up to Rs 237-crore buyback plan gets shareholder approval

The firm on Friday said its up to Rs 237 crore buyback plan has received approval from shareholders

Wipro Q3 net profit rises 21%, profitability at 22-quarter high

Dollar revenue growth highest in 36 quarters; firm has given an bullish outlook on revenue growth of 1.5-3.5 per cent for the March quarter

TCS buyback offer: Tata Sons tenders shares worth Rs 10,000 crore

The single largest shareholder of TCS, Tata Sons tendered more than 33.3 million shares during the offer, according to a regulatory filing

Wipro advances 3%, hits fresh high; trades above share buyback of Rs 400

In the past three months, share price of Wipro gained 14 per cent but underperformed its peers HCL Technologies and Infosys, which rallied 20 per cent and 23 per cent, respectively

Share buybacks fail to boost firms' long-term stock performance

Since April 2017, 176 companies have repurchased their shares. Some of them have done multiple buybacks. Of these shares of 111 companies are trading currently below the price

Wipro's Rs 9,500-crore share buyback offer to open on December 29

IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.

Street signs: Nifty has a shot at 14,000, Antony Waste GMP at 20% & more

The ongoing buyback of state-owned NMDC may find few takers given the sharp rally in its stock

Nifty IT index, Infosys, TCS at record high; charts signal more upside

Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra

SoftBank Group debates new strategies to go private via gradual buyout

Masayoshi Son wouldn't buy more shares himself, but his ownership stake, now about 27 per cent, would increase as other investors sell stock

Tata Consultancy Services' Rs 16,000-cr buyback offer to open on Dec 18

India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021