Mon, Nov 20, 2023
TCS share buyback: "In the long term, we continue to be optimistic on the IT sector, wherein TCS and INFY would remain investors' favourite counter to hold,” he added.
Thu, Nov 09, 2023
Margins at the company also received a blow and came in lower at 8.1 per cent in comparison to 11.9 per cent during the same period last year.
Wed, Oct 11, 2023
TCS is going to declare its Q2 results 2023 on Oct 11, and the market is eagerly awaiting the outcome of the board meeting regarding the share buyback. Analysts expect the buyback price to be around Rs 4,300 - 4,500 per share, and the size of the buyback could be around Rs 18,000 crore. This would be the 5th buyback of shares by the IT behemoth in the last 6 years.
Fri, Sep 15, 2023
Siyaram Silk Mills share price: Reacting to the development, shares of the company witnessed huge buying interest that pushed the share price to its fresh 52-week high of Rs 633.10 apiece on the BSE.
Tue, Sep 12, 2023
L&T share buyback update: The company also announced that the maximum number of equity shares proposed to be bought back by the company has been reduced from 3,33,33,333 (three crore thirty three lakh thirty three thousand three hundred and thirty three) fully paid-up equity shares to 3,12,50,000 (three crore twelve lakh fifty thousand) equity shares.
Thu, Aug 31, 2023
Piramal Enterprises aims to buyback 1.45 crore shares at a price of Rs 1,250 per piece through a tender offer. The total share buyback amounts to Rs 1,750 crore. Piramal Enterprises offers a premium of nearly 18 per cent for its share buyback. On the other hand, Indianmart offers a premium of nearly 31 per cent for its share buyback at Rs 500 per piece.
Thu, Aug 03, 2023
Share buyback is a corporate action in which the company buys back the shares from its existing shareholders either via a tender offer route or through the open market offer under Section 68 of the Companies Act 1968. The buyback of shares is out of companies' free reserves or the securities premium account.
Wed, Jul 26, 2023
Shares of Larsen & Toubro (L&T), the construction and infrastructure major, scaled a record high of Rs 2,673.60 apiece on the BSE on Wednesday (July 26), a day after the company announced a Rs 10,000 crore share buyback along with the release of its June quarter (Q1FY24) numbers.
Tue, Jul 25, 2023
L&T Q1 Results: Larsen & Toubro (L&T) reported a 46.5 per cent year-on-year (YoY) jump in consolidated net profit to Rs 2,493 crore for the quarter ended June 30, 2023. The construction major's board declared a special dividend of Rs 6 per share and announced a buyback worth up to Rs 10,000 crore.
Fri, Jun 30, 2023
Amrutanjan Health Care's board on Friday approved a buyback plan at Rs 900 per share, sending its stock soaring.
Thu, Jun 22, 2023
Wipro's buyback offer will open on June 22 and close on June 29. The buyback price is set at Rs 445 per share with a total buyback size of Rs 12,000 crores.
Wipro's mega buyback hit the Street on Thursday, June 22. The latest buyback by Wipro, India's fourth largest IT company by market value, is its largest-ever wherein the company plans to purchase 26.96 crore shares at Rs 445 apiece, a premium of 15.3 per cent over the market price. Here's what experts suggest on the Wipro buyback offer.
Fri, Jun 16, 2023
Wipro announced a share buyback for 2023 with a record date of June 16. The buyback will be conducted via the Tender Offer route at a price of Rs 445 per equity share, with a total offer size not exceeding Rs 12,000 crores.
Thu, Apr 13, 2023
Skincare and healthcare company Emami is set to open its share buyback programme today, 13 April. Share buyback helps improve the earnings per share (EPS) by reducing the number of outstanding shares.
Fri, Jan 27, 2023
Record date for buyback is 6 March and nearly 60 lakh equity shares representing 24.59% and 13.43% of the aggregate of the fully paid-up equity share capital and free reserves will be on the block
Tue, Dec 20, 2022
The capital market regulator SEBI’s board approved several proposals, including decisions on share buyback, exchange governance, and market infrastructure, during its meeting on Tuesday.
Fri, Nov 18, 2022
Share Buyback: Companies may repurchase or buy back shares for a number of reasons.
Tue, Jun 14, 2022
Zydus Lifesciences on Monday said its Rs 750 crore-share buyback offer will commence on June 23 and close on July 6.
Mon, Apr 18, 2022
Ministry of Corporate Affairs released a new company law committee report on April 13th which was chaired by Ministry of Corporate Affairs secretary Rajesh Verma. In this report, several recommendations are given by committee members which can be implemented with the consultation of SEBI
Sat, Mar 26, 2022
The board of state gas utility GAIL India Ltd will on March 31 consider the buyback of shares - the second buyback in as many years.
Mon, Mar 21, 2022
Do you know what is stock buyback? What happens when a company calls for a buyback? Is it beneficial for the company or for the investor? In this video, we understand the process of stock buyback along with its pros and cons.
Sun, Mar 28, 2021
Here is the explanation of share buyback and what you as an investor should do. All questions related to share buyback answered here:-
Tue, Apr 16, 2019
Software services exporter Wipro Ltd today reported a 38% rise in fourth-quarter profit, helped by a strong performance from its banking, financial services and insurance segment.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.