Tracxn Shares Surge 10% After Share Buyback Announcement 

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SUMMARY

The stock gave up some of the gains to end 7.13% higher at INR 62.18 apiece

Earlier this week, the company’s buyback committee approved a special resolution to buy back 11.42 Lakh equity shares from existing shareholders at INR 70 apiece

The company also announced allotment of 96K equity shares worth INR 55.80 Lakh to employees under its ESOP 2016 scheme yesterday

Shares of Tracxn surged as much as 10% to INR 63.86 during the intraday trading today (July 10) after the…



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Tracxn Shares Surge 10% After Share Buyback Announcement 


SUMMARY

The stock gave up some of the gains to end 7.13% higher at INR 62.18 apiece

Earlier this week, the company’s buyback committee approved a special resolution to buy back 11.42 Lakh equity shares from existing shareholders at INR 70 apiece

The company also announced allotment of 96K equity shares worth INR 55.80 Lakh to employees under its ESOP 2016 scheme yesterday

Shares of Tracxn surged as much as 10% to INR 63.86 during the intraday trading today (July 10) after the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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