Business Standard

Page 2 - Buybacks

UPL slips 23% in a month post closure of buyback offer; hits 52-week low

UPL expects strong performance (10 per cent plus revenue growth and 12-15 per cent EBITDA growth) in the current fiscal year FY23.

UPL slips 23% in a month post closure of buyback offer; hits 52-week low
Updated On : 22 Jun 2022 | 12:04 PM IST

TCS Board to consider share buyback proposal on Jan 12

On Friday, TCS shares closed 1.26 per cent higher at Rs 3,854.85 on BSE

TCS Board to consider share buyback proposal on Jan 12
Updated On : 08 Jan 2022 | 12:12 AM IST

Simplilearn completes first ever ESOP buyback worth Rs 48.74 crore

The buyback was undertaken as part of the recent investment by Blackstone earlier this year

Simplilearn completes first ever ESOP buyback worth Rs 48.74 crore
Updated On : 01 Dec 2021 | 2:02 AM IST

Microsoft plans $60-billion buyback; Brad Smith appointed vice chair

The company's recent resurgence has given it a market value north of $2.2 trillion, making it the second-most valuable publicly traded company after a 35% rise in its shares over 2021

Microsoft plans $60-billion buyback; Brad Smith appointed vice chair
Updated On : 16 Sep 2021 | 12:42 AM IST

Big Oil shows confidence that the era of large profits is back

BP Plc and Equinor ASA have already made incremental dividend increases and announced more modest buyback plans

Big Oil shows confidence that the era of large profits is back
Updated On : 29 Jul 2021 | 11:35 PM IST

Mohalla Tech announces first ESOP buy-back programme worth $19.1 mn

Nearly 200 existing and former employees with vested options are eligible to participate in this process, the firm said

Mohalla Tech announces first ESOP buy-back programme worth $19.1 mn
Updated On : 19 Jun 2021 | 12:56 AM IST

Nava Bharat Ventures jumps 7% as board approves Rs 150 crore buyback plan

Barring today's gain, the stock has added 20 per cent in the past three sessions

Nava Bharat Ventures jumps 7% as board approves Rs 150 crore buyback plan
Updated On : 26 Feb 2021 | 2:05 PM IST

Wipro advances 3%, hits fresh high; trades above share buyback of Rs 400

In the past three months, share price of Wipro gained 14 per cent but underperformed its peers HCL Technologies and Infosys, which rallied 20 per cent and 23 per cent, respectively

Wipro advances 3%, hits fresh high; trades above share buyback of Rs 400
Updated On : 05 Jan 2021 | 2:53 PM IST

Buybacks for FY21 cross last yr's tally after announcements from TCS, Wipro

Change in tax structure leads to revival of share repurchase programmes

Buybacks for FY21 cross last yr's tally after announcements from TCS, Wipro
Updated On : 14 Oct 2020 | 1:33 AM IST

Wipro board approves Rs 9,500 crore buyback at Rs 400 per share

Plans to buy 237.5 mn shares or 4.16% of paid-up capital, on a proportionate basis from existing shareholders under the tender-offer route

Wipro board approves Rs 9,500 crore buyback at Rs 400 per share
Updated On : 13 Oct 2020 | 4:21 PM IST

Wipro rallies 5%, hits fresh 20-year high on share buyback plan

Wipro's board will meet on Tuesday, October 13 to consider buyback proposal.

Wipro rallies 5%, hits fresh 20-year high on share buyback plan
Updated On : 08 Oct 2020 | 9:29 AM IST

Wipro to consider share buyback proposal, decision on 13 Oct board meeting

Wipro is the second mega Indian IT services firm to consider a buyback programme after market leader TCS

Wipro to consider share buyback proposal, decision on 13 Oct board meeting
Updated On : 08 Oct 2020 | 12:26 AM IST

Majesco freezes at 5% upper circuit, hits record high on buyback plan

The company said it has scheduled a meeting on Thursday, October 8, 2020 to consider a buyback proposal.

Majesco freezes at 5% upper circuit, hits record high on buyback plan
Updated On : 06 Oct 2020 | 9:37 AM IST

Triveni Engineering leaps 15.5% on strong Q1 results, buyback proposal

The Buyback will be on a proportionate basis from the shareholders of the Company, through the 'Tender Offer' route

Triveni Engineering leaps 15.5% on strong Q1 results, buyback proposal
Updated On : 11 Aug 2020 | 11:00 AM IST

Delta Corp, Emami: Share buyback via open market route at seven-year high

Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route

Delta Corp, Emami: Share buyback via open market route at seven-year high
Updated On : 30 Apr 2020 | 12:42 AM IST

RBI to examine buyback of outstanding amount of Rs 84,574 cr in AT-1 bonds

Could disallow retail investments directly and through MFs in the instrument

RBI to examine buyback of outstanding amount of Rs 84,574 cr in AT-1 bonds
Updated On : 08 Apr 2020 | 11:15 PM IST

Buyback proposals to bump up Street sentiment around the stock: Experts

Earlier in the week, Emami and Sterlite Technologies also disclosed their intention to buyback shares

Buyback proposals to bump up Street sentiment around the stock: Experts
Updated On : 23 Mar 2020 | 12:37 AM IST

As D-Street huffs and puffs, firms opt for buybacks to lift hushed spirits

While more firms may resort to buybacks, industries urge that government review tax on this investor rewarding method

As D-Street huffs and puffs, firms opt for buybacks to lift hushed spirits
Updated On : 22 Mar 2020 | 6:09 PM IST

Share buybacks losing lustre as 20% tax bites; firms await relief in Budget

Experts blame the change in tax dynamics for the sharp drop in buybacks

Share buybacks losing lustre as 20% tax bites; firms await relief in Budget
Updated On : 15 Jan 2020 | 7:35 AM IST

What Wall Street could learn from India's new tax on share buybacks

India this month imposed a levy on its companies' share purchases

What Wall Street could learn from India's new tax on share buybacks
Updated On : 26 Jul 2019 | 7:09 AM IST