Comments
Shares of MphasiS will turn ex-date for the proposed buyback on Wednesday. Investors wishing to participate in the ₹988-crore buyback need to own the company shares by Tuesday. The company will buy back 73.20 lakh shares at ₹1,350 a share. The offer is through tender process on a proportionate basis. Promoters had indicated their intentions to participate in the buyback. In 2017, too, the IT major had launched a buyback programme at ₹635 a share.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.