As many as five companies including Zydus Lifesciences, Welspun Living and others are approaching the record dates for their respective share buybacks. Only those shareholders who own the shares of these companies in their demat accounts will be eligible to tender shares as part of the offer.Share buyback refers to a corporate action where a company repurchases its own shares from existing shareholders, mostly at a premium to the market price.
US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge
US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes