Local search engine Justdial’s board will meet next week to consider a proposal for buyback of shares, the company said today.
“With reference to the earlier intimation of the meeting of the board of directors to be held on July 24, 2017... the board will also consider a proposal for buyback of equity shares of the company at the said meeting,” Justdial said in a BSE filing today. The company, however, did not elaborate on the quantum of buyback.
The stock was trading 8.28 per cent higher at Rs 383.80 on the BSE.