GAIL Share Buyback: Expected Return, Record Date, Other Details Investors Should Know - News18

GAIL Board approved the buyback of about 5.70 crore shares through a tender offer representing 2.50 per cent of its paid-up capital and free reserves as of March 31, 2021. Should investors participate?

GAIL (India) Limited has approved a buyback of about 5.70 crore shares at Rs190 per share aggregating about Rs1,083 crore (excluding taxes). The buyback price of equity shares is at a 24 per cent pre… [+3401 chars]

full article...