What to watch:. eClerx Services to consider buyback

Updated - March 13, 2019 at 09:54 PM.

 

The board of eClerx Services will meet on Thursday to consider a buyback proposal of equity shares of the company. Investors would be keen to know the buyback size and the offer price. Shareholders would also like to know the mode of buyback — open market purchase or tender offer route. If the latter is preferred, then the record date would be a crucial factor. Besides, management’s intention whether to participate or not will also be eyed.

Published on March 13, 2019 16:24