Buybacks

FinMin may shift tax liability on share buyback to shareholders in Budget

The shift will bring the taxation of share buybacks on the same page as the dividend income

Sebi board approves phasing out shares buyback through stock exchanges

Buybacks will be undertaken through a separate window on stock exchanges until then

Investors disappointed as 'open market' share buybacks lack punch

Actual acquisition cost 20% below max buyback price under open market route

Paytm in focus as board considers buyback; IIAS raises key concerns

The buyback proposal comes less than 13 months of Paytm's disastrous listing, which saw its shares tank as much as 80 per cent

Market regulator Sebi proposing to revamp the share buyback process

Currently, companies can buyback only 25 per cent of the paid-up capital and free reserves under the tender route

Infosys shares drop 2.6% despite buyback proposal, end at Rs 1,425

The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively

For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism

Fall in raw material prices, low base, and normal monsoon are other positives

UPL slips 23% in a month post closure of buyback offer; hits 52-week low

UPL expects strong performance (10 per cent plus revenue growth and 12-15 per cent EBITDA growth) in the current fiscal year FY23.

TCS Board to consider share buyback proposal on Jan 12

On Friday, TCS shares closed 1.26 per cent higher at Rs 3,854.85 on BSE

Simplilearn completes first ever ESOP buyback worth Rs 48.74 crore

The buyback was undertaken as part of the recent investment by Blackstone earlier this year

Microsoft plans $60-billion buyback; Brad Smith appointed vice chair

The company's recent resurgence has given it a market value north of $2.2 trillion, making it the second-most valuable publicly traded company after a 35% rise in its shares over 2021

Big Oil shows confidence that the era of large profits is back

BP Plc and Equinor ASA have already made incremental dividend increases and announced more modest buyback plans

Mohalla Tech announces first ESOP buy-back programme worth $19.1 mn

Nearly 200 existing and former employees with vested options are eligible to participate in this process, the firm said

Nava Bharat Ventures jumps 7% as board approves Rs 150 crore buyback plan

Barring today's gain, the stock has added 20 per cent in the past three sessions

Wipro advances 3%, hits fresh high; trades above share buyback of Rs 400

In the past three months, share price of Wipro gained 14 per cent but underperformed its peers HCL Technologies and Infosys, which rallied 20 per cent and 23 per cent, respectively

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 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

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

Majesco freezes at 5% upper circuit, hits record high on buyback plan

The company said it has scheduled a meeting on Thursday, October 8, 2020 to consider a buyback proposal.