Page 4 - Share Buybacks

No longer tax-efficient: Cash-starved Coal India may give buyback a miss

Most of the subsidiaries of CIL are facing a cash crunch because of slow growth in coal demand, coupled with record high outstanding payment from power generating companies

Market regulator clears the deck for proposed share buyback in NTPC

The company is among the 8 public sector undertakings (PSUs) directed by the government to consider a share buyback in order to boost its disinvestment kitty

Centre asks at least eight state-run companies to consider buybacks: Report

"Buyback is an important tool in our strategy and it helps in building market price," the second source, who also spoke on condition of anonymity, said

Cosmo Films surges 9% as Board to consider share buyback plan

The board of directors of the company is scheduled to meet on Monday, October 26, 2020 to consider the proposal for buy-back of equity shares of the Company

The buyback rush

Firms may not be optimistic about growth prospects

Best of BS Opinion: The buyback rush, places of protest and politics & more

Here's a selection of Business Standard opinion pieces for the day

KIOCL freezes at 10% upper circuit as Board to mull share buyback

The board will meet on Monday, October 19, 2020 to consider the proposal for buy back of fully paid-up equity shares of the company

Buybacks for FY21 cross last yr's tally after announcements from TCS, Wipro

Change in tax structure leads to revival of share repurchase programmes

Wipro board approves Rs 9,500-crore share buyback; revenue up 1.4%

The company is looking at buying 237.5 million equity shares, or 4.16 per cent of its paid-up capital, though the date of the programme has not been fixed.

Wipro board approves Rs 9,500 crore buyback at Rs 400 per share

Plans to buy 237.5 mn shares or 4.16% of paid-up capital, on a proportionate basis from existing shareholders under the tender-offer route

In a share buyback, make a tactical bet if price gap is attractive

In a buyback, purchase the stock early from the market or else the price gap could close

What is share buyback and things to keep in mind before participating in it

Abhimanyu Sofat, Head of research at IIFL Securities discusses things one should keep in mind before participating in the buyback offer. Tune in to know more

Wipro rallies 5%, hits fresh 20-year high on share buyback plan

Wipro's board will meet on Tuesday, October 13 to consider buyback proposal.

Wipro to consider share buyback proposal, decision on 13 Oct board meeting

Wipro is the second mega Indian IT services firm to consider a buyback programme after market leader TCS

TCS makes buyback buzz but other Indian IT firms unlikely to follow suit

Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts

TCS, Infosys, MindTree: How to trade IT stocks ahead of Q2 earnings

TCS rallied 5 per cent to hit a record high of Rs 2,650 on the NSE after the company said it will consider a buyback on Wednesday, October 7.

Tata Consultancy Services to consider share buyback on Wednesday

TCS will be considering a buyback of shares of the company at a board meeting to be held on October 7

Sun Pharma closes share buyback offer period; stock jumps 5%

The drug major is looking to expand its specialty business across different regions like Greater China and Japan after having established presence in the US market

RITES Ltd announces share buyback worth Rs 257 cr at Rs 265 per share

The board of directors at RITES Ltd has approved buy-back of 9.69 million equity shares with a face value of Rs 10 each at Rs 265 per share

RITES announces buyback of 9.6 million shares worth up to Rs 257 crore

Transport Infrastructure Consultancy and Engineering firm RITES Ltd on Friday said its board has approved buyback of 9.6 million shares with repurchase amount not exceeding Rs 257 crore