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PAYTM SHARE BUYBACK
Paytm completes Rs 850 crore-share buyback within 3 months of launchShare buyback through the open market is favourable for companies, but not for shareholders. A company keeps buying its shares from the ope...
Paytm completes share buyback worth Rs 850 croreThe Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital bet...
Paytm buyback to benefit pre-IPO investors: Proxy Advisory Firm"The buyback, even if SES takes the statement of the company with a pinch of salt, that only pre-IPO funds will be used, will allow all inv...
Won’t be surprised to keep getting buybacks from Paytm every 18-24 months: Rahul Jain“As per the current guidance, Paytm will turn profitable by Q2 of FY24 but in our assessment, the way the four quarters have shaped up, it ...
Paytm parent announces Rs 850-crore share buyback at Rs 810 a shareThe shares will be bought back at a maximum price of Rs 810 apiece, it said in a release. The indicative maximum number of shares that will...
Paytm buyback: Will Rs 850 crore offer support stock prices?Paytm board believes that this buyback is a sign of confidence that the company is on a clear path to deliver cash flow profitability, and ...
Paytm board approves Rs 850-crore share buyback at up to Rs 810 per shareThe company had raised Rs 18,300 crore at an issue price of Rs 2,150 per share through its initial public offering (IPO) in November last y...
IT firms eye deals worth $160B in Q1; Paytm announces Rs 850-crore share buybackThe bulk of the deals will come from American corporations, while a few will come from Europe and Asia-Pacific, even as high inflation and ...
Paytm shares rise 3% ahead of buyback proposalGiven the net worth of Rs 13,564 crore, the maximum buyback of Paytm from the tender route can be Rs 3,391 crore and the maximum buyback th...
Paytm’s surprise share buyback plan is drawing skepticismThe board of One 97 Communications Ltd., the listed-entity that runs Paytm, will decide on the buyback on Tuesday. The move comes as the st...
Corporate Radar: Paytm board meet to mull share buyback & moreThe board of Grandma Trading will be announcing its quarterly results. Furthermore, the board of One 97 Communications, the parent company ...
Paytm can't use IPO proceeds for buyback; co's strong liquidity to be usedThe company's board is scheduled to meet on December 13 to consider a share buyback proposal. "The management believes that given the compa...
Paytm board to consider share buyback at Dec 13 meetingPaytm said its board of directors will meet on December 13 to consider a proposal for a buyback of its shares. While announcing its results...
Paytm parent to consider share buyback in Dec 13 board meetThe stock ended 0.3% down at Rs 508.40 on the BSE. Year-to-date, the stock has fallen by more than 67%.
Paytm staff, ex-employees convert Esops to shares worth Rs 182 croreThe development comes ahead of the Noida-based company’s planned initial public offering (IPO) slated for November.
Paytm staff eye Rs 600-crore ESOP share conversion ahead of IPOPaytm is working with lenders to enable loans of around Rs 100 crore for its top executives, who are looking to convert their ESOPs into sh...
Paytm founder pledges personal stock in company’s armSharma’s move would add about $50-million worth of stocks to the ESOP corpus, which will then account for 10% of the overall company.