Page 3 - Buyback

State-run firms asked to buy back even when shares take a beating

Centre's move aimed at improving PSUs' stock performance

TCS Rs 18,000 crore buyback subscribed 5.5 times a day before close

Tata group flagship firm is buying back 40 mn shares, or 1.08% of its equity at Rs 4,500 a share. That's a premium of over 21% to CMP

Investors rush for TCS buyback: Should you join the bandwagon?

The ongoing buyback of TCS stocks has seen record participation. Retail investors have tendered up to 1.9 million shares. What's driving investors towards the IT giant's buyback drive?

TCS' Rs 18,000-crore buyback opens today; should investors tender shares?

The mega Rs 18,000-crore buyback by IT giant Tata Consultancy Services (TCS) opens today and will run till March 23

TCS in focus ahead of ex-date for share buyback; down 3% from day's high

TCS on January 12, 2022 had approved to buyback up to 40 million equity shares of face value of Rs 1 each at Rs 4,500 per equity share for an aggregate amount of upto Rs 18,000 crore.

B2B platform Bizongo concludes maiden ESOP buyback worth $3.7-mn

Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first employee stock ownership plan (ESOP) buyback programme worth USD 3.7 million.

Edelweiss buys back 5.3% from wealth management partner PAG for Rs 230 cr

According to the agreement, which was to lapse this month, no premium or discount was involved

Street signs: HDFC Bank back in 'red flag' list, Sansera GMP at 15% & more

A red flag gets activated whenever the foreign shareholding is less than 3 per cent of the permissible limit, which in HDFC Bank's case is 74 per cent

Senior Democrats float 2% US tax on stock buybacks to fund $3.5-trn budget

The plan comes as Democratic lawmakers assemble a raft of tax measures to help pay for a $3.5 trillion budget bill that contains bulk of President Joe Biden's longer-term economic agenda

Infosys 'almost completed' buyback programme; committee to meet on Sept 8

Infosys on Monday said it has almost completed its buyback programme and its buyback committee will meet on September 8 to consider closure of the buyback programme.

Infosys hits new high, trades above share buyback price of Rs 1,750

The stock has outperformed the market by gaining 13 per cent in the past one month

HealthifyMe announces ESOP, equity buyback programme worth $12 mn

The development comes close on the heels of a $75 million (about Rs 559.6 crore) fund raise by the company from investors including LeapFrog and Khosla Ventures

R Systems soars 15% as board to consider share buyback proposal

Buyback is a corporate action in which a company buybacks its shares from the existing shareholders usually at a price higher than the market price

Flipkart to buyback employee stock options worth Rs 600 cr: Report

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources.

ShareChat's parent earmarks Rs 140 crore for first ESOP buyback

Nearly 200 existing and former employees with vested options are eligible to participate in this process.

Warren Buffett's Berkshire gets more cautious on stocks and buybacks

Buffett has struggled in recent years to keep up with Berkshire's ever-gushing cash flow

Unilever plans $3.6 billion buyback as China and home cooks boost growth

It also forecast a slight increase in underlying operating margin this year

Google parent Alphabet sees record profit, plans $50-billion buyback

Microsoft profit soars amid surging cloud demand

Insecticides board to mull share buyback on March 30; stock surges 11%

The board of directors of the agrochemicals company is scheduled to meet on March 30, to consider share buyback proposal.

Aarti Drugs gains 6% as board to consider buyback on March 19

In the past six months, the stock of Aarti Drugs has underperformed the market by falling 7 per cent as against a 29 per cent rally in the Sensex