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  • Engineers India announces Rs 587 crore share buyback Nov 12, 2020 07:54 PM IST

    Engineers India announces Rs 587 crore share buyback

    The price is nearly 19 percent premium to Thursday's closing price of Rs 70.70 for EIL shares on the BSE.

  • Indian Oil Corporation says no plan for share buyback as of now Nov 02, 2020 07:03 PM IST

    Indian Oil Corporation says no plan for share buyback as of now

    Analysts said the government appetite for buyback in IOC is low because its holding in the company is at about 51.5 percent.

  • HPCL board to consider share buyback on November 4 Oct 29, 2020 07:10 PM IST

    HPCL board to consider share buyback on November 4

    HPCL is the nation's second-biggest oil retailer. It owns two refineries – a 7.5 million tonnes unit in Mumbai and another 8.3 million tonnes facility at Visakhapatnam in Andhra Pradesh.

  • Why the government is justified in giving PSUs a choice between buyback or capex Oct 21, 2020 10:15 AM IST

    Why the government is justified in giving PSUs a choice between buyback or capex

    Till date, the government has raised less than three percent of its Rs 2.1 lakh crore divestment target for the current fiscal

  • Unacademy to buy back shares worth Rs 25-30 crore Oct 15, 2020 02:19 PM IST

    Unacademy to buy back shares worth Rs 25-30 crore

    About 145 current and former employees are expected to exercise their options to sell their Employee Stock Option Plans, given to early employees who join a startup as part of their salary.

  • Wipro Board to consider buyback plan on October 13 Oct 07, 2020 07:38 PM IST

    Wipro Board to consider buyback plan on October 13

    "The outcome of the Board meeting will be communicated to the stock exchanges soon after conclusion of the Board meeting on October 13, 2020," it added.

  • Weekly tactical pick: Rites Sep 25, 2020 09:30 AM IST

    Weekly tactical pick: Rites

    Rites buyback a win-win for shareholders and the company

  • Delisting can lift spirits of MNC stocks May 19, 2020 09:04 AM IST

    Delisting can lift spirits of MNC stocks

    MNCs use the opportunity to buy and delist the company from the market when prices are low and their cost of delisting the company will be lower

  • Just Dial Board gives nod to Rs 220 crore buyback offer Apr 30, 2020 02:55 PM IST

    Just Dial Board gives nod to Rs 220 crore buyback offer

    In a regulatory filing, the company said the Board has cleared a proposal to buy back up to 31,42,857 equity shares at a maximum price of Rs 700 per share for an aggregate maximum amount of Rs 220 crore.

  • Don’t miss out! Motilal Oswal names 15 firms that are potential buyback candidates Apr 09, 2020 10:29 AM IST

    Don’t miss out! Motilal Oswal names 15 firms that are potential buyback candidates

    Companies having net cash greater than 10 percent of their net worth for FY19 and FY20E can finance buybacks through cash and cash equivalents.

  • As Rupee breaches 76/$, companies with high USD debt would be hit   Mar 24, 2020 02:03 PM IST

    As Rupee breaches 76/$, companies with high USD debt would be hit  

    History may not repeat but it does rhyme. Every fall is not the same but similar. It is a good time to pick up businesses having longevity as prices are attractive.

  • Sun Pharma board approves Rs 1,700cr share buy-back offer Mar 17, 2020 02:46 PM IST

    Sun Pharma board approves Rs 1,700cr share buy-back offer

    In a regulatory filing the company said that the board of directors of the company, at its meeting held on Tuesday has approved the buy-back of its equity shares from the open market at a maximum price of Rs 425 per share for an aggregate maximum amount of up to Rs 1,700 crore.

  • Govt may direct IOC to buyback its 3% stake to boost finances: Report Feb 06, 2020 01:24 PM IST

    Govt may direct IOC to buyback its 3% stake to boost finances: Report

    IOC, however, may push back on the order as it is also facing a Rs 5,500 crore dividend demand from the government

  • Are share buybacks going out of fashion? Dec 27, 2019 09:49 AM IST

    Are share buybacks going out of fashion?

    Part of the reason could be the government’s new policy of taxing share buybacks

  • Budget 2019 | Markets get a raw deal from Budget 2019 Jul 05, 2019 04:50 PM IST

    Budget 2019 | Markets get a raw deal from Budget 2019

    Market expectation of tweaking taxes has not be met but surprises in the form of lower promoter shareholding and buyback tax has dampened mood

  • Markets| SEBI’s proposed buyback rule change  no cure-all May 29, 2019 01:11 PM IST

    Markets| SEBI’s proposed buyback rule change no cure-all

    The SEBI panel may have suggested keeping NBFCs out of the picture. But the problem looks to run deeper

  • Wipro approves Rs 10,500 crore buyback at Rs 325/share Apr 16, 2019 04:29 PM IST

    Wipro approves Rs 10,500 crore buyback at Rs 325/share

    The buyback aggregates to 5.35 percent of the total paid-up equity share capital.

  • Keep in mind these 5 factors before you tender shares in any buyback Mar 20, 2019 12:34 PM IST

    Keep in mind these 5 factors before you tender shares in any buyback

    Though buybacks are another method to provide investors with a cash payout, buying only for sole purpose of participating in buyback is tricky.

  • Tech Mahindra to buyback 2.05 crore shares for Rs 1,956 crore Feb 21, 2019 11:22 AM IST

    Tech Mahindra to buyback 2.05 crore shares for Rs 1,956 crore

    Speaking on its first buyback, Manoj Bhat, CFO of Tech Mahindra, said the company will adopt a dividend plus buyback strategy

  • Coal India approves buyback of up to Rs 1,050 crore at Rs 235 per share Feb 04, 2019 08:00 PM IST

    Coal India approves buyback of up to Rs 1,050 crore at Rs 235 per share

    This is the second buyback by the Maharatna company in two years.

  • Coal India board to consider share buyback on February 4 Jan 30, 2019 08:30 PM IST

    Coal India board to consider share buyback on February 4

    "Board meeting of the company is scheduled on Monday, the February 4, 2019 interalia to consider and approve buyback of the fully paid up equity shares of the company having face value of Rs 10 each," Coal India (CIL) said in a BSE filing on Wednesday.

  • Persistent Systems Q3 net profit at Rs 91.7 cr, announces Rs 225-cr buyback Jan 28, 2019 08:02 PM IST

    Persistent Systems Q3 net profit at Rs 91.7 cr, announces Rs 225-cr buyback

    Besides, the Board also approved a buyback offer of up to Rs 225 crore at a share price of up to Rs 750 apiece, it said in a regulatory filing.

  • Lodha Group to buy back $65-mn bond Jan 22, 2019 10:12 PM IST

    Lodha Group to buy back $65-mn bond

    The buyback will be a fifth of the overall outstanding of the 2020 bonds issued by the Mauritius-based Lodha Developers International an official statement said on Tuesday.

  • RBI announces Rs 10,000-cr OMO on Thursday Jan 22, 2019 07:56 PM IST

    RBI announces Rs 10,000-cr OMO on Thursday

    The central bank had earlier committed to purchase government securities under its open market operations for an aggregate Rs 50,000 crore in January and has so far done Rs 30,000 crore.

  • Quick Take | With buyback no longer an option, how will L&T rectify capital allocation? Jan 21, 2019 06:22 PM IST

    Quick Take | With buyback no longer an option, how will L&T rectify capital allocation?

    L&T had 81 subsidiaries in 2008 that swelled up to 123 by the end of FY17. This has been a major investor apprehension particularly in the light of a majority of them making losses

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