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The Paytm board feels that this repurchase is a demonstration of confidence that the business is on track to achieve cash flow profitability and that it wonu2019t have any impact on its near-term growth objectives or its profitability goals.
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HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Home - Markets - Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Search here ... Latest Update RECENT POPULA R COMMO N December 14, 2022 Milind Soman In Dark by Vim Campaign to Make a Point December 14, 2022 Zoivane Pets Gets Rs 5 Cr In A Seed Round That Is Headed By GVFL Markets December 14, 2022 December 14, 2022 Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Facebook Google+ Paytm dropped 2.57 percent to Rs 525.60 as a low. Later, it gained some ground back and was trading at Rs. 534.10 per share, still down 1%. Shares of Paytm had increased 4% over the previous two days. After the corporate board approved a Rs 850 crore share buyback plan, shares of One 97 Communications, comprising (Paytm), fell 3% in Wednesday’s trading. December 14, 2022 Why Wipro shares have dropped more since 2021 than TCS and Infosys For the repurchase programme, the business has chosen the open market approach via the stock exchange mechanism and anticipates the procedure to be ?nished in no more than six months, according to the company’s regulatory ?ling. The stock dropped 2.57 percent in response to the news, reaching a low of Rs. 525.60. Later, it gained some ground back and was trading at Rs. 534.10 per share, still down 1%. Shares of Paytm had increased 4% during the 14 December, 2022 (Wednesday) and also other pervious two sections. Most Viewed Paytm would repurchase shares for up to 850 crore rupees at a maximum price of 810 rupees per share. To supervise and carry out the share buyback plan, the business board established a buyback committee. December 14, 2022 According to the company’s most recent ?nancial report, it has Rs 9,182 crore in liquid assets. In A Seed Funding Round, Contlo Raises $3.5 Million The company says that the Paytm Board has concluded that there is excess cash that may be effectively used to fund a share repurchase. Even though Paytm will continue to make disciplined investments to foster long-term value development across technology, sales, marketing, and other sectors. November 21, 2022 BJP’s Manoj Tiwari Demands This choice was made after carefully examining the anticipated investment needs to support long-term wealth generation. Paytm reiterates that the share repurchase programme is not being funded with HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS
Investigation for Those Meeting Satyendar Jain in Jail funds from the IPO. Conclusion The Paytm board feels that this repurchase is a demonstration of con?dence that the business is on track to achieve cash ?ow pro?tability and that it won’t have any impact on its near-term growth objectives or its pro?tability goals. December 12, 2022 Switch To CEAT SecuraDrive With Aamir Khan Assuming a full repurchase of Rs 850 crore, together with any buyback taxes that may apply, the whole expenditure will be more than Rs 1,048 crore. December 12, 2022 Ferrero Rocher Launches New #TheGoldenChristmasTouc With Hrithik Roshan You can share this post! December 14, 2022 A Perfect Masala Match For All Licious Recipes Previous article Why Wipro shares have dropped more since 2021 than TCS and Infosys Next article Zoivane Pets Gets Rs 5 Cr In A Seed Round That Is Headed By GVFL December 14, 2022 In-Med Prognostics Raised More Than $2 Million In New Funding Related Articles MARKETS MARKETS MARKETS Most Reviews RECENT POPULA R COMMO N December 14, 2022 Why Wipro shares have dropped more since 2021… MTAR Technologies Shares Increased By 3% To Produce… An Analy Market Milind Soman In Dark by Vim Campaign to Make a Point December 14, 2022 December 14, 2022 Novem Leave a Reply December 14, 2022 Zoivane Pets Gets Rs 5 Cr In A Seed Round That Is Headed By GVFL Your email address will not be published. Required ?elds are marked * Comment * December 14, 2022 Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Name * Email * POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS
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