Navneet Education Limited has officially notified the National Stock Exchange of India about their upcoming board meeting scheduled for August 1, 2024, to discuss a proposal for the buyback of fully paid-up equity shares.
A share buyback, also known as a stock repurchase, is a corporate action in which a company buys back its shares from the existing shareholders usually at a price above the market value. This can increase the value of remaining shares by reducing the supply, or prevent other shareholders from taking a controlling stake.
Leave a comment