Buyback Financial News

25.07 / 06:55

Manufacturing Metro country Buyback L&T Q1 results: Net profit may rise 25% YoY to ₹2,130 crore; to consider share buyback

L&T’s consolidated net profit in Q1FY24 is expected to grow around 25% year-on-year (YoY) to ₹2,130 crore, according to average analysts’ estimates. The infrastructure giant may report revenue growth of about 13% YoY in the first quarter of FY24 at ₹40,500 crore. On the operational front, L&T’s Q1 earnings before interest, taxes, depreciation and amortization (EBITDA) may rise 15% YoY to ₹4,565 crore, while its EBITDA margin is expected to expand by 29 basis points (bps) to 11.3%.

24.07 / 15:59

UPS IPO CEO Platform Mobile Buyback Ant NOT Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

23.07 / 12:23

UPS Buyback Ant NOT China's Alibaba says it will not join Ant Group share buyback

BEIJING (Reuters) — China's Alibaba (NYSE:BABA) Group said on Sunday it had decided not to participate in affiliate Ant Group's proposed repurchase of shares, but would maintain its shareholding in the company.

21.07 / 20:07

MakerDAO Price Prediction $KENNY Buyback Maker Price Prediction as MKR Pumps 13% on Token Buyback Scheme – Can it Break This Key Resistance?

Maker (MKR), the governance token of the Maker Decentralized Autonomous Organisation (DAO) and of the decentralized finance Maker Protocol behind the issuance of the DAI USD-pegged stablecoin, has pumped around 13% on Friday.

20.07 / 15:21

UPS NIFTY Buyback L&T plans to launch its first ever share buyback

₹9,000 crore at a price of ₹1,475 apiece. However, the plan had to be shelved in 2019 after the Securities and Exchange Board of India or Sebi disapproved the buyback over concerns that such a buyback could swell the company’s debts. The latest buyback proposal has come after the company turned debt-free last year.

20.07 / 11:25

dividend Buyback L&T Board to consider share buyback, special dividend on 25 July

buyback on July 25 during a meeting of the Board of Directors. The meeting will also see the board approve the unaudited consolidated and standalone financial results for the quarter ended June 30.

17.07 / 06:53

UPS Buyback IndiaMart InterMesh board to consider share buyback proposal on July 20; stock jumps 5%

share buyback proposal on July 20. “...the Board of Directors of IndiaMART InterMESH Ltd, will also consider the proposal for buyback of fully paid up equity shares of the Company, …. in their meeting scheduled to be held on Thursday, July 20, 2023," the company said in an exchange filing.

14.07 / 11:31

CEO Walmart Buyback PhonePe Esop buyback: Flipkart makes $700 million payout to employees

Flipkart will receive payments from a $700 million employee stock option (Esop) buyback today. CEO Kalyan Krishnamurthy informed the eligible employees about the payment in an internal email.

14.07 / 09:39

COST Lowe's FIVE Premium Buyback small-cap Small-cap real estate stock declares buyback of shares at 45% premium. Top five details

Ashiana Housing buyback of shares: Ashiana Housing shares are one of those small-cap stocks that has delivered whopping return to its shareholders in recent stock market rally. The real estate stock has been in uptrend after ushering in the new financial year 2023-24. However, the small-cap stock has remained an idea 'buy on dips' stock throughout the year 2023.

14.07 / 07:43

Citi Lowe's Waters dividend Buyback small-cap Small-cap stock below ₹5 to consider bonus, buyback of shares, stock split, final dividend today

Small-cap stock below ₹5: Shares of Earum Pharmaceuticals Ltd are one of those small-cap stocks that has remained under the base building mode for more than a year. However, the BSE listed penny stock is in focus as the board of directors of the micro-cap company is going to consider and aprove proposal for issuance of bonus shares, stock split and final dividend for the financial year 2022-23. The company board is going to consider these matters in its board meeting scheduled today.

08.07 / 19:23

UPS IPO Provident Progressive Platform Mobile Buyback Ant Ant's surprise share buyback values firm at steep 75% discount to IPO

By Julie Zhu and Josh Ye

07.07 / 03:27

UPS Provident Lowe's FIVE Platform Buyback NOT BSE Share Buyback: To Participate or Not?

Stock buybacks are a rage these days. These strategic moves deliver immediate value to shareholders, making them quite appealing. However, there's another compelling reason to embrace share buybacks.

07.07 / 00:41

COST Digital Aware Tencent SoftBank Walmart Buyback Flipkart staff to get PhonePe buyback Esop payout this month

Flipkart employees will finally receive a one-time cash payout from a $700-million employee stock option (Esop) buyback that the ecommerce major is facilitating as part of its separation from payments firm PhonePe this month, people aware of the matter told ET. “The payouts to employees will be made by July 31… We made this communication to our employees previously,” a Flipkart spokesperson told ET over email without sharing further details. Eligible former and current employees will receive $43.67, or about Rs 3,615 for each unit of Esop they hold in Flipkart as compensation for the loss of PhonePe’s value in the stock option as a result of its separation, the company had said in a recent internal note.

06.07 / 08:41

UPS tender offer Buyback BSE board approves share buyback up to ₹374.80 crore at ₹816 per share via tender offer

BSE Ltd on Thursday approved share buyback worth up to ₹374.80 crore at ₹816 per share The buyback will be done through a tender offer, the company informed in a regulatory filing.

06.07 / 06:05

UPS Target Strategy Buyback stake Wipro buyback: Azim Premji's trust sells 1.05% stake; shares up marginally

buyback offer. Azim Premji’s firm Zash Traders, Philantropic Initiatives Pvt Ltd and Azim Premji Trust have sold some stake in the recently concluded Wipro buyback. According to BSE filing, Azim Premji's Zash Traders have sold 5,50,51,569 shares, representing 1.05 per cent stake in Wipro.

04.07 / 07:47

Target Digital Strategy Buyback Wipro share buyback sees 77.4% acceptance among retail investors

₹12,000-crore share buyback programme recorded an acceptance ratio of 77.4% among retail investors, reports said. The retail quota is categorised as those with investments less than ₹2 lakh in Wipro shares as of the record date. Wipro’s share buyback record date was June 16 and the programme ran from June 22 to June 30. Under the buyback programme, Wipro planned to repurchase 26.97 crore shares at ₹445 per unit.

03.07 / 09:43

Buyback surges BSE board to consider share buyback on July 6; stock surges 7 per cent

Leading stock exchange BSE on Monday announced that its board will meet on July 6 to consider a proposal on the buyback of shares. Following the announcement, shares of BSE rose 7 per cent in intra-day trade to Rs 651.65 apiece on the National Stock Exchange (NSE).

18.04 / 11:21

UPS UBS Deal Buyback approved UBS approved to fund Credit Suisse deal buyback shares

UBS on 18 April said that it is changing its share-buyback program and will use shares that it has repurchased toward its acquisition of Credit Suisse.

25.02 / 17:21

UPS Provident CEO Strategy Apple letter Buyback Warren Buffett calls stock buyback critics 'economic illiterate' in Berkshire Hathaway annual letter

In this article

17.02 / 16:53

UPS Buyback NatWest launches £800m buyback after profit beats estimates

NatWest on 17 February posted a rise in pretax profit for the fourth quarter of 2022, which came in slightly ahead of market views, and said it intends to start a share buyback program of up to £800m in the first half of 2023.

14.01 / 08:49

business FTX Asset management Bankruptcy Buyback SkyBridge stake Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF

SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to “punch” SBF right in the jaw.

frequently asked questions about Buyback

What is Buyback and why is it gaining attention?

Buyback is a trending topic that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Buyback?

All latest articles about Buyback can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Buyback?

We consult with professionals to ensure that the information about Buyback is reliable and helpful for our readers.