 "Buybacks")
JB Chemicals & Pharmaceuticals has rallied 12% to Rs 338 on the BSE in intra-day trade after the company announced that its board will meet on August 31, 2018, to consider a share buyback proposal.
“The meeting of the board of directors of the Company is scheduled on August 31, 2018 at which the board will consider the proposal for Buy-back of fully paid-up equity shares by the Company and other matters incidental thereto,” JB Chemicals said in a statement.
The primary objective of a share buyback programme is to arrest the fall in the value of a
“The meeting of the board of directors of the Company is scheduled on August 31, 2018 at which the board will consider the proposal for Buy-back of fully paid-up equity shares by the Company and other matters incidental thereto,” JB Chemicals said in a statement.
The primary objective of a share buyback programme is to arrest the fall in the value of a
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