Buyback

Showing of 1 - 20 from 21 results
Buyback - Total results - 21
Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial year
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
News & Analysis

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?
Business

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
Business

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
Startup

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?

NMDC may borrow for expansion next fiscal as buyback plan to drain out cash
Business

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
News & Analysis

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
News & Analysis

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
Business

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
Corporate

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
Corporate

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
Business

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
Investing

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
Investing

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.