Thomas Cook down as board puts off buyback proposal

Updated - September 28, 2020 at 10:59 AM.

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

Shares of Thomas Cook fell 3 per cent on the BSE today reacting to the news report that the company's board has withdrawn the proposal of share buyback due to Covid-19.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

Published on September 28, 2020 05:27