Buyback News

Markets

ByteDance to buy back shares worth $5 million at $160 apiece: Report

ByteDance Ltd., the parent company of popular social video platform TikTok, is offering to buy back up to $5 billion from investors at $160 per share, the same level offered to employees in November, Bloomberg Business reported.

1 min read6 Dec 2023
Markets

Share buyback: Is the move always worth it?

Buyback is when a company repurchases its own shares from the market, indicating that the company believes its shares are undervalued.

6 min read26 Oct 2023
Markets

Buyback not enough for TCS

Buyback is a way of rewarding shareholders wherein a company buys back its shares usually at a premium to current prices.TCS on Wednesday announced a buyback of ₹17,000 crore for ₹4,150/share, higher than the current market price of ₹3,542.55.

2 min read13 Oct 2023
Companies

L&T increases buyback price by ₹200 to ₹3,200 as shares jump

On Monday, L&T reduced the number of shares it will buy in the offer from 33.33 million to 31.25 million. This is to ensure that the company's spend in the buyback is restricted at Rs.10,000 crore as the stock has rallied since the original announcement

1 min read12 Sep 2023
Markets

For now, margin is the villain in L&T story

The infrastructure behemoth fared well on most of the key parameters in the June quarter (Q1FY24). Further, the share buyback and special dividend announcement has also got them excited.

2 min read27 Jul 2023
Money

Why retail shareholders need to be wary of unlisted firms

Minority shareholders of unlisted companies face significant losses during a squeeze out

6 min read14 Jul 2023
Markets

Symphony to complete ₹249 cr buyback at ₹2,000 per share by May-end; declares dividend, Q4 numbers

Symphony plans to complete its ₹249 crore buyback by this month's end. The buyback is offered at a premium from current market price. The announced a final 50% dividend for its shareholders for FY23. Q4 earnings were feeble of Symphony, which is why, the stock tumbled on exchanges.

1 min read5 May 2023
Markets

RVNL, Raymond to UCO Bank: These small-cap stocks give up to 65% return in April 2023

Stock market news: Small-cap index surged over 6 per cent and outperformed key benchmark indices in April 2023

4 min read1 May 2023
Companies

Over 90% of freshers opt for lower salary option, says Wipro official

In February this year, Wipro wrote a letter to candidates who had been offered a salary package of ₹6.5 LPA, asking if they would be willing to join with a salary of ₹3.5 LPA

3 min read29 Apr 2023
Markets

Multibagger textile stock declares buyback of shares, 10% dividend after 300% rally in three years

Multibagger textile stock has announced buyback of shares at ₹120 apiece

2 min read29 Apr 2023
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