Digicontent Subsidiary HT Digital Approves Buyback of 1.2 Million Shares
MT Newswires Live
Sep 23
Digicontent (NSE:DGCONTENT, BOM:542685) said its material unlisted wholly owned subsidiary, HT Digital Streams, approved on Tuesday a buyback of up to approximately 1.2 million equity shares, representing 9.42% of its equity capital, at 86.75 rupees per share.
The buyback will not alter the subsidiary's ownership, which will remain fully held by Digicontent, the company said in a Tuesday filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.