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NMDC SHARE BUYBACK
NMDC board approves up to Rs 1,378 crore buyback planThe buyback will be for an aggregate consideration not exceeding Rs 13,78,05,99,945 (offer size), representing 5 per cent and 5.05 per cent...- NMDC board to consider share buyback on Nov 10"A meeting of Board of Directors of the company is scheduled to be held on November 10, 2020...to consider the proposal for buyback of the ...
- Government asks PSUs to reward shareholders: ReportThe government is looking to boost divestment proceeds via buybacks. It has asked public sector units to either buyback shares or spend on ...
- NMDC Q3 profit jumps 78% YoY to Rs 1,577 croreNMDC board has approved buyback of 10,20,40,815 equity shares at Rs 98 per share.
- Anand Rathi spots arbitrage scope in NMDC buyback; just check it outShares of the company settled at Rs 91.40, down 3.74 per cent against its previous close.
- NMDC to decide on buyback shareholders on Jan 18The finance ministry has already given greenlight to the company's buyback plan.
- FinMin clears NMDC's Rs 1,000 crore share buyback planThe timeline for the launch of the offer will be decided by NMDC's board.
- NMDC gains 2% on share buyback proposalAt 9.40 am, the scrip was trading 2.56 per cent higher at Rs 98.25 on BSE.
- NMDC to give first interim dividend of 430% FY18The first interim dividend would entail a total outgo of Rs 1,360 crore.
- TCS buyback: Here’s how market reacted to previous 5 biggest buybacks in Indian historyAmong the 15 buyback offers, four offers — including two from RIL and one each from Coal India, Cairn India and NMDC —were made via open ma...
- NMDC's Q2 net declines 6 per cent to Rs 771 crorethe company said its total standalone income rose by 9 per cent to Rs 1,739.15 crore in the quarter under review, as against Rs 1,603.06 cr...
- NMDC, MOIL's Rs 8,400-crore buyback offers to open on September 19In separate regulatory filings, both the public sector undertakings (PSUs) informed about the 'Letter of Offer'.
- Mining major NMDC to buy back shares worth Rs 7,528 croreThe company said the buyback shall not be exceeding 25 per cent of the aggregate of fully paid up share capital and free reserves of the co...
- Share buyback plan fails to lift NMDC, MOILNews of share buyback by two public sector entities, NMDC and MOIL, wherein the two companies announced plans to buy back just over 20 per ...
- NMDC, MOIL to buyback shares worth Rs 8,400 croreLast month, aluminium maker Nalco said its board has approved a proposal to buy back 64.43 crore shares worth close to Rs 2,835 crore.
- Finance Ministry asks PSUs to buy back shares, pay higher dividendsWith just 45 days left for the fiscal to end, the govt mobilised just Rs 13,330 crore from sale of stake in PSUs as against the budgeted ta...
- Government invites bids from merchant bankers for stake sale in Nalco, NMDCGovt plans to divest 12.15 pc stake in Nalco and 10 pc stake in NMDC through an OFS of shares through the stock exchanges.
- NMDC seeks shareholders' nod for clause enabling share buybackNMDC has sought shareholders' approval for amendment in its Articles of Association which will enable it to launch share buy-back offer.
- Can shell out Rs 1800-2000 cr for PSU share buyback: NMDCIn an interview with ET Now, Narendra Kumar Nanda, CMD, NMDC, talks about PSU share buyback. Excerpts:
- PSU shares gain as as government approves buybackShares of public sector companies gained ground after the government approved buyback of shares by certain PSUs as part of the divestment p...
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