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Matrimony Share Buyback: Matrimony.com’s board approved a Rs 72 crore share buyback at Rs 1,025 per share, a 27.5% premium. The stock rose 3% to Rs 829.55 on the news.
The Economic Times

The Economic Times

Matrimony.com approves Rs 72 crore share buyback, stock up 3%

Matrimony Share Buyback: Matrimony.com’s board approved a Rs 72 crore share buyback at Rs 1,025 per share, a 27.5% premium. The stock rose 3% to Rs 829.55 on the news.

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Fri, Sep 6, 2024

The company said it will repurchase the shares at a price of ₹1,025 each which is at a premium of 26.5% to the matrimonial site's last trading price of ₹810 per share on Thursday.
CNBC TV18

CNBC TV18

Matrimony.com approves ₹72 crore share buyback at 27% premium

The company said it will repurchase the shares at a price of ₹1,025 each which is at a premium of 26.5% to the matrimonial site's last trading price of ₹810 per share on Thursday.

Trading

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Thu, Sep 5, 2024

A share buyback involves the company repurchasing its shares from shareholders. This method is considered tax-efficient, providing a beneficial way of returning cash to investors. Shares of Matrimony.com Ltd ended at ₹752.80, up by ₹2.35, or 0.31%, on the BSE.
CNBC TV18

CNBC TV18

Matrimony.com to consider buyback proposal on September 5

A share buyback involves the company repurchasing its shares from shareholders. This method is considered tax-efficient, providing a beneficial way of returning cash to investors. Shares of Matrimony.com Ltd ended at ₹752.80, up by ₹2.35, or 0.31%, on the BSE.

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Mon, Sep 2, 2024