BSE Ltd will hold a board meeting on July 6 to discuss and approve a proposal for a share buyback, which involves the company repurchasing its own shares. Share buybacks are considered a tax-efficient way to distribute cash to investors and can increase the value of the stock by reducing the number of shares available. Following the announcement, BSE’s stock rose over 5%. The company also made changes to its executive team, appointing a new Chief Regulatory Officer, Chief Risk Officer, and Chief Information Officer. BSE is known as the world’s fastest stock exchange. In the March quarter, the company reported a revenue of Rs 227 crore and a profit of Rs 88 crore.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy