By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal position
Share buyback tax: A sharp rise (in share buyback quantum), analysts said, can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1
Dividend, share-buyback today: The ex-date is when a stock begins trading without the entitlement to dividends, bonus shares, or buyback offers, as the case may be
Here is a list of stocks that will trade ex-date in the next week for several corporate actions, including dividends, and share buybacks
In the past one year, the stock has zoomed 89 per cent, as compared to 21 per cent rally in the BSE Sensex.
Here is the best of Business Standard's opinion pieces for today
Unilever's shares rose as much as 4% on Thursday, hitting their highest point since it last reported earnings in October
The company will be buying 4 million shares via the tender route, representing 1.41 per cent of Bajaj Auto's outstanding shares
Earlier this month, Bajaj Auto reported a 16 per cent rise in total sales at 3,26,806 units in December 2023
Share of buybacks in reward kitty drops to lowest in seven years
The last instance when TCS proposed a buyback plan was in March 2022. The buyback share price was Rs 4,500 per share
The buyback of the small number of non-promoter shares is effectively a clean-up of the shareholding before any eventual IPO of the retail venture, JPMorgan Chase & Co. said in a note
The shares of BSE were trading at Rs 693.5, nearly 2 per cent in the green as of 2:40 PM on NSE
The shift will bring the taxation of share buybacks on the same page as the dividend income
Buybacks will be undertaken through a separate window on stock exchanges until then
Actual acquisition cost 20% below max buyback price under open market route
The buyback proposal comes less than 13 months of Paytm's disastrous listing, which saw its shares tank as much as 80 per cent
Currently, companies can buyback only 25 per cent of the paid-up capital and free reserves under the tender route
The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively
Fall in raw material prices, low base, and normal monsoon are other positives