Paytm share surges 14% in three days; here’s why
On Wednesday, shares of One 97 Communications gained as much as 5.5% to hit an intraday high of ₹541.50 on the BSE.
paytm share buyback
December 2022
Paytm to buy back shares worth ₹850 cr at 50% premium; stock falls 3%
The board of Paytm has approved a share buy back plan at ₹810 apiece, a premium of 50% as compared to current market price, to encourage shareholders to sell the shares back to the company.
Paytm jumps 7% on share buyback plan
The board of Paytm parent One 97 Communications will consider a share buyback proposal on December 13.
