Stocks

Adani Ports: Focus on buyback offer

| Updated on June 03, 2019 Published on June 04, 2019

 

The board of Adani Ports and Special Economic Zone will meet on Tuesday to consider a buyback proposal. The board will also recommend a final dividend, if any, for FY 2018-19. Shareholders will closely monitor the buyback size, quantum of shares to be bought back and, most importantly, the price. Besides, the mode of buyback — from the open market or through tender route on a proportionate basis — and promoters’ intention on the buyback will also be monitored.

Published on June 04, 2019
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