Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial year
As per the guidelines, CPSEs having net worth of at least Rs 2,000 crore and cash and bank balance of above Rs 1,000 crore have to mandatorily go in for share buyback.
IT services major HCL Technologies shareholders approve Rs 4,000 cr buyback offer
In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share
L&T shares rally 6% on buyback talk; market capitalisation up Rs 11,759.79 cr
In a regulatory filing on 18 August, L&T 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, 23 August, 2018".
Mphasis Board okays Rs 988 cr buyback plan; Q1 net profit up 38% at Rs 258 cr
Mphasis buyback, which will be subject to the approval of shareholders by way of a special resolution and other statutory approvals, will also see participation from the promoter who has 52.36 percent shareholding.
TCS promoters to participate in recently announced Rs 16,000-cr buyback offer
Earlier this month, the TCS board had approved a proposal to buy back up to 7.61 crore shares or 1.99 percent of the total paid-up equity share capital at Rs 2,100 a share.
Govt stake in EIL down to 54.17%, corners Rs 659 cr buyback
Govt had 57.02 percent in EIL prior the launch of the Rs 658.80 crore share buyback on 25 July
Wipro board to consider a proposal for buyback of equity shares on 20 July
Share buybacks typically improve earnings per share and return surplus cash to shareholders.
Infosys' $20 bn revenue target by 2020: Will the share buyback scuttle Vishal Sikka's dream?
As of 31 December, 2016, Infosys had $4.5 billion in cash and investments on its books
TCS stock hits 5-month high as investors cheer co's buyback plans
TCS has a cash pile of Rs 43,100 crore on its book, accounting for 9 percent of its market capitalisation
Samsung, Apple, Motorola and Micromax make 65 percent of the second hand market in India: Cashify survey
Lurking somewhere behind the booming smartphone segment is an active 'seconds' market. And, hasn't it always been there?
Coal India gets board nod to buyback 10.89 cr shares of Rs 3,650 cr
Coal India fixes share buyback price at Rs 335 a piece
NMDC may borrow for expansion next fiscal as buyback plan to drain out cash
NMDC's buy-back of up to 25 percent of its own shares will raise as much as Rs 7,530 crore for the government which owns four-fifths of the company
OnePlus buyback program lets you exchange your old smartphone for up to Rs 16,000
OnePlus offering buyback schemes up to Rs. 16,000 in association with Amazon and ReGlobe.
All you need to know about the OnePlus buyback and exchange program
OnePlus begins rolling out the offers starting from 30 November and will be tying up with ReGlobe for the same.
Samsung Electronics launches $9.9 bn buyback outlay to rev up stock price amid slowing smartphone sales
Samsung said it also plans to give shareholders 30% to 50% of its free cash flow over the next three years, primarily through dividends
Pfizer's $11 bn buyback plan deflates hopes of a new bid for AstraZeneca
: US drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca.
Sebi slaps Rs 1 cr fine on Apollo Tyres for non-compliance
The regulator, in its order, has imposed "a consolidated penalty of Rs 1.03 crore on Apollo Tyres Ltd...for the failure to comply with Sebi (Buy Back of Securities) Regulations."<br />
17 companies complete buyback plans, repurchase Rs 500 cr worth shares in 2013
The largest buyback included that of JBF Industries which spent nearly 99.63 percent of the Rs 73.50 crore it had fixed under its buyback plan. The diversified business conglomerate had begun its buyback programme on September 4 and closed it on September 27, 2013.
Sebi tightens share buyback, preferential issue norms
To safeguard the interest of public shareholders, Sebi's board today approved making it mandatory for the companies to buyback at least 50 percent of their repurchase offers.
Infosys up 1% on hopes of share buyback offer
The company's earnings are widely expected to be muted, with the rupee's depreciation against being the only saving grace for the company in April-June.