Stocks

Jagran Prakashan: Buyback meet eyed

| Updated on December 06, 2019 Published on December 07, 2019

 

The board of directors of Jagran Prakashan will meet on Monday (December 9) to consider a proposal for buyback of fully paid-up equity shares of the company. It may be recalled that the company had bought back ₹292.5-crore worth shares at ₹195 a share last year. Shareholders will closely monitor the size, price and promoters’ intention (on participation) in the buyback. Besides, the mode of buyback — open market or through tender route on proportionate basis — will also be eyed.

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Published on December 07, 2019
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