Stocks

Thomas Cook down as board puts off buyback proposal

| Updated on September 28, 2020 Published on September 28, 2020

Thomas Cook India said its corporate restructuring process has been completed. File Photo   -  Reuters

Shares of Thomas Cook fell 3 per cent on the BSE today reacting to the news report that the company's board has withdrawn the proposal of share buyback due to Covid-19.

The board in February had approved a share buyback of 6.9% of total equity worth Rs 150 crore.

The stock was down 3 per cent to Rs 28.85 on the BSE.

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Published on September 28, 2020
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