News > Paytm parent announces Rs 850-crore share buyback at Rs 810 a share

Paytm parent announces Rs 850-crore share buyback at Rs 810 a share

13/12/2022 10:47 PM | Click to read full article

Paytm parent One97 Communications NSE 2.01% on Tuesday said the board has approved the buyback of shares worth up to Rs 850 crore through the open market. The 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 be bought back is 1,04,93,827 shares, representing about 1.62% of the paid-up share capital of the company.

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