latest share buyback on radar

latest buyback share in February 2019

Following details are for buyback of share today on the radar:
1. Board of Directors of Ajanta Pharma approved buyback of up to 7.69 lakh shares
Ajanta Pharma’s board of directors approved a proposal to buy back up to 7.69 lakh shares of its total paid-up equity share capital at RS. 1300 per share.

Buyback detail:
Buyback type: Tender Offer
Buyback number of share: 7,69,230
Buyback price: 1300 per equity share
Buyback Record Date: Feb 12, 2019
Date of Board approve the proposal: Jan 30, 2019
Announcement date: Jan 30, 2019
Buyback Offer Size: 5.22%

2. Persistent Systems announcement buyback of up to Rs. 225 crore
The company surged Q3 net profit at 91.7 cr.

Buyback detail:
Buyback amount: 225 cr
Buyback price: Rs. 750 per equity share
Date of  Board approve the buyback proposal: Jan 27, 2019
Buyback number of share: 30,00,000
Buyback offer size: 3.75%
Public announcement: Jan 27, 2019

3. HEG  announced a buyback of 13 lakh equity share
The Board of Directors of the company has approved a proposal to buy back up to 13,63,636 Equity shares.
Buyback Detail:
Buyback type: Tender offer
Buyback number of shares: 13,63,636
Buyback offer size: 3.41%
Buyback price: Rs. 5500 per Equity share
Date of Board approve the buyback proposal: Nov 26, 2018

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