Share Buyback

Stock split, spin-off, share buyback record date alert: Shares of Bhagyanagar India, Shankara Buildpro, and Shardul Securities will remain in focus on Wednesday, 7 October.

Transport Corporation of India announced its first-ever equity share buyback of up to 15.62 lakh shares at ₹960 each, totaling ₹150 crore. The buyback represents 2.03% of total equity shares. Additionally, the company plans to establish a wholly owned subsidiary in China to enhance logistics.

Emami's buyback plan targets ₹475 per share, with a maximum buyback size of ₹282 crore. Existing shareholding may shift, increasing promoter ownership to 55.6%. Analysts suggest accumulating shares in the ₹360-380 range, while key support stands at ₹340.

PVR Inox's ₹300 crore share buyback opens on September 10, allowing eligible shareholders to tender shares at ₹1,450 each. The buyback will close on September 17, with eligibility based on holding shares by the September 4 record date.

Securities Appellate Tribunal had quashed a ₹5.25-crore penalty imposed on erstwhile Cairn India, now part of Vedanta, over its 2014 share buyback.

PVR Inox shares will be in focus on September 3, the last day for investors to buy before the company's first share buyback, approved on August 31. The total buyback of 20.69 lakh shares is capped at ₹300 crore at ₹1,450 each, affecting eligible shareholders.

Man Infraconstruction plans to buy back up to 99 lakh shares at ₹171 each, changing the shareholding pattern. Promoters' stake will rise to 64.09%, while public shareholders will hold 35.91%. Performance shows strong returns recently but a 22% loss over the past year.

PVR INOX announced a buyback of up to 20.68 lakh equity shares at ₹1,450 each, amounting to ₹300 crore. The buyback begins on 4 September, with promoters participating. Recent gains in share value align with improved financial performance, including a net profit of ₹56.5 crore in June FY27.

PVR INOX share buyback: If declared, this will be the first-ever share buyback by the company

SK Hynix’s ADR rose 6% in premarket trading after announcing a buyback of 40 trillion won in treasury shares. The plan aims to distribute over 50% of free cash flow from 2025 to 2027 to shareholders, amid pressure for higher payouts following strong AI-driven profits.