Page 2 - Share Buybacks
TCS gains 3%, nears record high as board to consider buyback on Wednesday
The stock was up 3% at Rs 3,979.90, trading close to its record high level of Rs 3,990 touched on October 8, 2021.
 "TCS gains 3%, nears record high as board to consider buyback on Wednesday")
Last year's share buybacks were lowest since 2015, shows data
The average buyback amounts have fallen for listed firms, shows Prime data analysis
 "Last year's share buybacks were lowest since 2015, shows data")
Ajanta Pharma board approves up to Rs 286-crore share buyback plan
Drug firm Ajanta Pharma said its board has approved a share buyback plan of up to Rs 286-crore, wherein the drug maker will buy back shares at a maximum price of Rs 2,550 apiece.
 "Ajanta Pharma board approves up to Rs 286-crore share buyback plan")
Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28
The board of directors of the company is scheduled to consider a proposal for buy-back of equity shares on Tuesday, December 28.
 "Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28")
G E Shipping surges 9% on share buyback plan, board meet on December 27
The board of directors are scheduled to meet on Monday December 27, 2021 to consider and approve a proposal for buy-back of equity shares of the company.
 "G E Shipping surges 9% on share buyback plan, board meet on December 27")
Cairn Energy says will start buyback with $1 bn tax refund from Indian Govt
It has also commenced an initial share repurchase programme of its ordinary shares up to £20 million as a prelude to the anticipated larger buyback programme
 "Cairn Energy says will start buyback with $1 bn tax refund from Indian Govt")
ArcelorMittal increases share buy-back programme by $1 billion
BRUSSELS (Reuters) - ArcelorMittal, the world's largest steelmaker, said on Thursday it was increasing its share buyback programme by another $1 billion after reporting its strongest quarter in more than a decade.
 "ArcelorMittal increases share buy-back programme by $1 billion")
SoftBank Group shares jump 10% on $9 billion buyback announcement
The buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last year
 "SoftBank Group shares jump 10% on $9 billion buyback announcement")
Blizzard-hit SoftBank launches $9-bn buyback after $10-bn Vision Fund loss
Even as the value of its assets slide, the Japanese tech conglomerate said its stock is undervalued and will spend up to 1 trillion yen ($9 bn) buying back nearly 15% of its shares
 "Blizzard-hit SoftBank launches $9-bn buyback after $10-bn Vision Fund loss")
Nucleus Software surges 16% as Board to consider share buyback plan
The company has scheduled its board meet on September 24 to consider the proposal
 "Nucleus Software surges 16% as Board to consider share buyback plan")
Goldiam Intl soars 14%, hits fresh record high; stock zooms 625% in 1 year
The Board of Goldiam International is scheduled to meet on September 13 to consider share buyback
 "Goldiam Intl soars 14%, hits fresh record high; stock zooms 625% in 1 year")
Music streaming giant Spotify to spend $1 bn buying its own stock
Swedish music streaming giant Spotify has announced to spend up to $1 billion between now and April 21, 2026 to repurchase its own shares.
 "Music streaming giant Spotify to spend $1 bn buying its own stock")
StanChart H1 pretax profit leaps 57%, announces $250 million buyback
Standard Chartered PLC posted a 57% jump in its first-half pretax profit, higher than expected, as the bank benefited from an economic recovery from the coronavirus pandemic
 "StanChart H1 pretax profit leaps 57%, announces $250 million buyback")
Balrampur Chini Mills soars 8%, hits record high on share buyback plan
The board of directors of Balrampur Chini Mills is scheduled to meet on Monday, August 9, 2021, to consider buyback of equity shares of the Company
 "Balrampur Chini Mills soars 8%, hits record high on share buyback plan")
Tanla Platforms hits 5% upper circuit for 2nd day straight on buyback plan
Despite past two days' gain, Tanla Platforms has underperformed the market in the last three months by falling 2.5 per cent, as compared to a 8.6 per cent rise in the S&P BSE Sensex
 "Tanla Platforms hits 5% upper circuit for 2nd day straight on buyback plan")
Infosys' buyback of shares worth Rs 9,200 cr to start from Friday
The company has proposed to buy back shares at a maximum price of Rs 1,750 per share
 "Infosys' buyback of shares worth Rs 9,200 cr to start from Friday")
ByteDance launches share buyback after shelving IPO plans: Report
BEIJING (Reuters) - ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday.
 "ByteDance launches share buyback after shelving IPO plans: Report")
Sebi imposes Rs 5.25 cr fine on Cairn India in share buyback case
Markets regulator Sebi on Wednesday imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buyback of shares in 2014.
 "Sebi imposes Rs 5.25 cr fine on Cairn India in share buyback case")
Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal
Prospect of concrete action remains unclear despite the crisis at the country's second-biggest bank
 "Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal")
Welspun India Q4 net surges 48%, announces Rs 200 crore share buyback
The total income during the quarter under review stood at Rs 2,173.56 crore as against Rs 1,664.46 crore in the corresponding quarter a year ago
 "Welspun India Q4 net surges 48%, announces Rs 200 crore share buyback")
