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buy back shares News
buy back shares
L&T stocks jump over 6% on share buyback proposal
Mon, Aug 20, 2018
In a regulatory filing on August 18, the company had said that "the board of directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on Thursday, August 23, 2018".
Infosys hints for buyback of shares in near term, here's what you need to know
Thu, Apr 13, 2017
Motilal Oswal said, “Infosys is the only remaining company among the top-tier that is yet to reward its shareholders with a buyback, dispensing some of the idly-lying cash.”
5 reasons why Morgan Stanley thinks Reliance Industries shares will reach Rs 1506-level
Tue, Feb 28, 2017
Mayank Maheshwari, Rakesh Sethia and Amruta Pabalkar, analysts at Morgan Stanley said, “RIL stock has underperformed peers by 60ppt in the past four years as its returns lagged peers'. This is set to change as earnings start from energy projects and telecom monetisation gathers pace. We raise our price target to factor in higher energy earnings and increased clarity on telecom investments."
Coal India's subsidiary approves' shares buy back worth Rs 1244 crore
Sat, Feb 25, 2017
"Since NCL is a wholly-owned subsidiary of Coal India Limited, both pre and post buyback by NCL, Coal India shall hold 100% of the paid-up equity share papital," said Coal India in a BSE filing.
TCS share buyback will not affect rating: S&P
Wed, Feb 22, 2017
Abhishek Dangra and Ashutosh Sharma, analysts at S&P said, "TCS' operations continue to perform in line with our expectations and support the rating. We believe TCS will maintain its net cash positive financial position, even if its offer for share repurchase were to be fully subscribed."
TCS share buyback: Should Infosys follow suit?
Tue, Feb 21, 2017
However, analysts and industry experts have now trained their eyes towards the other IT behemoth -- Infosys Ltd. Should Bengaluru-based bluechip that is currently in a corporate governance storm follow TCS and announce its own share buyback to appease shareholders?
Tata Consultancy Services approves buyback plan; to spend Rs 16,000 crore
Mon, Feb 20, 2017
TCS said, "The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanishm in accordance with the provisions contained in Sebi.
Government to divest 10% stake in MOIL via offer for sale on January 24
Mon, Jan 23, 2017
A PTI report said that government will divest 10% stake in MOIL through offer for sale (OFS) at a floor price of Rs 365 a piece on Tuesday January 24, 2017.