Paytm’s Rs 850-cr share buyback at 50% premium to support stock in near-term; JP Morgan, Morgan Stanley see up to 104% upside
JP Morgan remains upbeat on Paytm, saying in its note that "the buyback announcement at a 50% premium to provide support to the stock price in the near term". The brokerage kept its price target unchanged at Rs 1,100 per share, and reiterated 'overweight' rating on the stock.
Dec 14, 2022, 18:00 PM IST
Infosys seeks nod of board for share buyback
India's second largest software major has sought permission from shareholders for share buyback. For this the company has sought approval of shareholders to change Articles of Association.
Feb 24, 2017, 11:24 AM IST
Coal India buyback offer to open on Oct 3
The share buyback programme worth Rs 3,650 crore of Coal India would open next week on October 3.
Sep 27, 2016, 14:25 PM IST
GE to sell real estate holdings, sets $50 billion share buyback
General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for $26.5 billion, in the biggest commercial real estate deal since 2007.
Apr 10, 2015, 17:38 PM IST
GM plans $5 billion share buyback, agrees deal to avert proxy fight
General Motors Co. said Monday it would launch a new, USD 5 billion share buyback, and put forward a more detailed plan for capital allocation that promises investors the potential for further cash returns.
Mar 09, 2015, 18:00 PM IST
Samsung sells units and announces $2 bn share buyback
Samsung announced Wednesday the $1.7 billion sale of stakes in four affiliates and a $2.0 billion share buyback as the South Korean giant steps up restructuring efforts ahead of a generational ownership succession.
Nov 26, 2014, 15:24 PM IST
