BUYBACK

Bajaj Consumer Care initiates Rs 166 crore share buyback at 10% premium. Promoters own 39.30% equity. Public shareholders must act today to qualify for the buyback offer.

Oil India and Vertoz Advertising, among other companies, are set to be in the spotlight this week as they near their record dates for bonus issues, stock splits, buybacks, and demergers. The record date, determined by each company, determines eligib...

Godawari Power & Ispat shares surged 6% on BSE to an all-time high after approving a Rs 301 crore share buyback. Som Distilleries shares dropped 16% due to a Madhya Pradesh plant issue.

The dividend payout ratio is the proportion of a company's earnings paid to shareholders as dividends. This payout tends to be lower in times when companies spend more on expansion. Companies with a high cash flow in mature industries tend to have h...

This buyback, amounting to Rs 301 crore, represents up to 1.64% of the company's total paid-up equity share capital as of March 31, 2024 (excluding 45 lakh equity shares held by the Trust in Treasury), the company said in an exchange filing.

The RBI accepted bids worth ₹7,287.56 crore in a government bond buyback auction out of ₹30,000 crore offered by the Centre.

Last month, after a six-year hiatus, the RBI resumed conducting buyback auctions on behalf of the government. However, the government has only repurchased a small portion of the bonds offered, as both the Centre and the RBI have been reluctant to ac...

SoftBank Group's shares surged to a three-year high after activist investor Elliott Management proposed a $15 billion buyback. CEO Masayoshi Son's confidence in the strategy was highlighted. The financial boost was attributed to the success of Briti...

Key financial announcements include dividend declarations by Reliance Industrial Infrastructure, Manappuram Finance, Indian Hotels, IndiaMart InterMesh, SMC Global Securities, Uno Minda, Home First Finance, Himadri Speciality Chemical, ICICI Lombard...

The RBI, which is the Centre’s debt manager, will carry out the auction in which banks and other bond market participants can buy back five government securities, the central bank said on Monday. One of the securities matures this month while anothe...

At Thursday’s buyback auction of government bonds, the RBI accepted bids worth Rs 5,111.29 crore versus the notified amount of Rs 40,000 crore worth of securities that the Centre had offered to repurchase, latest central bank data showed.

The company says the buyback, which comes on the back of its $58.5 million series C funding round, underscores its commitment to shared wealth creation.

Ajanta Pharma has set May 30 as the record date for its Rs 285 crore share buyback,. The buyback, at a premium of 12.6%, targets 10,28,881 equity shares, constituting 8.34% of the company's aggregate equity. Amidst strong financials, the company rep...

Robinhood Markets launched its first-ever share buyback plan to repurchase $1 billion worth of stocks, signaling maturity and growth beyond its startup phase.

The ongoing general elections have led to a surplus in government cash balances, impacting the banking sector due to reduced spending. The Centre's adoption of efficient fund management practices has resulted in over ₹3 lakh crore in cash balances, ...

At the buyback auction on Tuesday, the RBI accepted bids worth Rs 5,266.04 crore as against the aggregate notified amount of Rs 60,000 crore worth of bonds that the government had offered to repurchase.

India's sovereign bond market buzzes with the Reserve Bank of India's buyback operation, easing debt repayment pressure and lowering interest costs. The operation injects liquidity into the banking system, influencing monetary policy and interest ra...

At a buyback auction of government bonds last week, the RBI accepted bids worth only ₹10,512.99 crore versus ₹40,000 crore worth of securities the government had offered to repurchase, with the central bank rejecting most bids.

Bajaj Consumer Care's shares plunged 8% on BSE as Q4 FY24 net profit declined 12% YoY. However, FY24 PAT increased by 11%. The company also approved a buyback proposal, offering a 11% premium over the closing price on NSE.