Matrimony.com approves Rs 72 crore share buyback, stock up 3%
The board of Matrimony.com has approved a share buyback of Rs 72 crore at a price of Rs 1,025 per share, which is a 27.5% premium over Thursday’s closing price. Following the announcement, the stock surged 3% to a day’s high of Rs 829.55. “Board approved the proposal of buyback of 7,02,439 fully paid-up equity…
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AIA Engineering Rs 500-crore buyback: Last day to buy before record date
The board of AIA Engineering has approved a share buyback of Rs 500 crore at Rs 5,000 per share, a premium of nearly 10% over Friday’s closing price of Rs 4,553. August 20 has been set as the record date. “We wish to inform you that the Board of Directors of the Company, at its…
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Hindustan Zinc OFS: Promoter Vedanta to exercise over subscription option
Metal major Vedanta Limited on Friday said it would exercise the oversubscription option in the ongoing offer for sale (issue) of Hindustan Zinc Limited to the extent of over 1.21 crore equity shares or 0.29% in addition to 5.14 crore equity shares representing 1.22% of the total issued and paid-up equity share capital of the…
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Indus Towers Rs 2,700 crore-share buyback bids open on Wednesday. Check details
Indus Towers, which announced its Rs 2,700 crore-share buyback earlier in July, has opened the bids for the same on Wednesday. The bidding will close on August 21. Eligible shareholders can now bid for the buyback. The last date of completion of settlement of bids will be on or before August 28. “In accordance with…
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