Buyback News
Freshworks announces 660 job cuts, $400 million share buyback, raise in earnings estimates; stock jumps
Freshworks said it will trim 13% of its workforce, or 660 employees, globally. The company expects to book about $11 million to $13 million in restructuring charges in the fourth quarte.
1 min read8 Nov 2024Pfizer to sell about $3.25 bln stake in Sensodyne-maker Haleon, bookrunner says
HALEON-STAKE/PFIZER (UPDATE 2):UPDATE 2-Pfizer to sell about $3.25 bln stake in Sensodyne-maker Haleon, bookrunner says
1 min read1 Oct 2024Cloud Firm Snowflake Seeks $2 Billion in Convertible Bonds
Snowflake Inc. is seeking to raise $2 billion from the sale of convertible bonds.
1 min read24 Sep 2024Boeing Strikers Have Leverage to Extract Meaningful Change
Here’s a novel idea: Force the planemaker to tie extra worker bonuses to share buybacks.
5 min read13 Sep 2024Jai Corp buyback: Board sets meeting on August 29 to discuss buyback of shares. Check financial details and more
Jai Corp Buyback: Jai Corp is considering a potential buyback of its equity shares, as announced by the company’s board
1 min read24 Aug 2024Palo Alto Jumps on Strong Profit Outlook, Boosted Buyback
Palo Alto Networks Inc. rose after issuing a quarterly profit outlook that beat Wall Street’s expectations and boosting its share buyback program.
1 min read20 Aug 2024Cera Sanitaryware buyback record date today. Price, size, acceptance ratio, other details. Should you participate?
Cera Sanitaryware buyback price: The company has declared a buyback of shares at ₹12,000 per share
3 min read16 Aug 2024Why hike in share buyback tax announced in the Budget hurts investors
Due to disproportionately high taxes on buybacks, retail shareholders will skip these issues leaving the field open for institutional investors like mutual funds who pay no taxes or near zero tax
2 min read1 Aug 2024Stock market investors alert! FM changes this income tax rule in Budget 2024
Budget 2024: In FY25, a beneficiary shareholder will have to pay income tax on one’s income from the buyback of shares
1 min read23 Jul 2024FedEx Stokes Investors With Hint of a Freight Deal
The delivery company is exploring a sale or spinoff of its less-than-truckload unit, which would create a lot of shareholder value but dilute profit margins.
3 min read26 Jun 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared