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Share BuyBack News
Wipro Q4 net rises to ₹2,484 crore, announces ₹10,500 crore share buyback
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.
Wipro's Rs 11,000 cr share buyback to begin from Nov 29
Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
Infosys shares gain as buyback programme begins
Wed, Nov 01, 2017
Total buyback offer consists of 11,30,43,478 equity shares fully paid-up having face value of Rs 5 each at a floor price of Rs 1,150 per piece.
Infosys fixes buyback record date; Promoters to sell 1.77 crore shares
Tue, Oct 10, 2017
Infosys share price gained by almost 2% as it fixes November 01, 2017 as the record date for carrying out its Rs 13,000 crore buyback offer.
Share Buybacks: Everything you need to know as an investor
Tue, Aug 29, 2017
Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.
Should retail investors tend their shares in Infosys buyback plan?
Wed, Aug 23, 2017
Infosys is going through a difficult phase as its CEO and MD Vishal Sikka has resigned due to ongoing tirade with co-founder Narayana Murthy. The stock has fallen nearly 15% but can the share buyback plan stem the loss? What should retail investors do with their shares?
No change in share buyback plan after Sikka's resignation, Infosys says
Fri, Aug 18, 2017
On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.
Sensex, Nifty trade in green; Infosys gains 3% on share buyback proposal
Thu, Aug 17, 2017
The 31-scrip index was trading at 31,837.21 up 67 points or 0.21%, while the 51-scrip index surged by nearly 28 points or 0.28% trading at 9,924.80.
IT companies likely to report stable earnings in fourth quarter of FY17: Experts
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Share buybacks hit 18-year high and there's more to come
Mon, Feb 27, 2017
Now, Coal India said that the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.
Infosys seeks shareholders nod to amend Articles of Association; may go TCS, Cognizant way for share buyback
Fri, Feb 24, 2017
Infosys board in a postal ballot notice on Thursday has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval.
TCS share buyback: New way to woo investors? See top 5 buybacks
Tue, Feb 21, 2017
The government has set a disinvestment target of Rs.56,500 crore for 2016-17.
Infosys CEO Vishal Sikka attempts to quell tensions with company founders
Mon, Feb 13, 2017
Infosys chief executive officer Vishal Sikka on Monday attempted to allay concerns over a corporate governance row between the software services firm and its founders stating that his relations with N R Narayana Murthy and co-founders were excellent.
Indiabulls Real Estate to buyback 6 crore shares for Rs 540 crore
Thu, Nov 24, 2016
The company brought back up to 6 crore shares of Rs 2 each of the company.
Bharti Airtel shares rise nearly 3% on buyback offer
Mon, Apr 25, 2016
The shares of the company rose as the likely shares buyback plans that it announced on Saturday