The Japanese automaker said it will repurchase on Thursday as many as 122.77 million shares at Wednesday’s closing price of 3,842.50 yen per share for up to 471.74 billion yen (USD 3.9 billion) via the Tokyo Stock Exchange’s off-hours trading system before the market open.
Posts tagged MC
Suzuki says to buy back Volkswagen stake for up to $3.9 bn (16-09-2015)
Orchid Chemicals in talks with banks for debt rejig (16-09-2015)
The company has a total debt of around Rs 3,100 crore. Set up in 1992 as an export-oriented unit, Orchid Chemicals Pharmaceuticals currently has presence across segments such as anti-infectives, anti-inflammatory, central nervous system (CNS), cardio vascular segment (CVS), nutraceuticals and other oral and sterile products.
Sensex, Nifty strong; Bharti Bajaj Auto up 3%, Amtek down (16-09-2015)
Amtek Auto plunged 9 percent after Standard Poor’s downgraded subsidiary Amtek Global Technologies’ senior secured term loans worth 235 million euro and a 30 million euro revolving credit facility to CCC+ from B+ and placed on credit watch.
NTPC, 10 others in fray for subsidy on LNG for power plants (16-09-2015)
The power plants can use the subsidy support from the government to buy expensive imported LNG to make up for the fuel deficit. “As many as 11 bidders are in the fray today. Some of the companies which are in the race include NTPC,” a source said.
Buy OFSS; target of Rs 4,620: Systematix (16-09-2015)
Brokerage house Systematix is bullish on OFSS and has recommended buy rating on the stock with a target price of Rs 4,620 in its research report dated September 15, 2015.
Buy South Indian Bank; target of Rs 36: Edelweiss (16-09-2015)
Edelweiss is bullish on South Indian Bank and has recommended buy rating on the stock with a target price of Rs 36 in its research report dated September 14, 2015.
Nifty ends at 7899, Sensex up 258pts; bank, pharma surge (16-09-2015)
Amtek Auto plunged 9 percent after Standard Poor’s downgraded subsidiary Amtek Global Technologies’ senior secured term loans worth 235 million euro and a 30 million euro revolving credit facility to CCC+ from B+ and placed on credit watch.
Won’t react to rivals’ rate cuts till funds cost dips: Axis (16-09-2015)
Recent rate cuts by large rival banks will not compel Axis Bank to slash its own base rate — a move that it will undertake only if its own cost of funds falls, says Axis Bank CMD Shikha Sharma.
To review base rate at ALCO meet next week: UCO Bank (16-09-2015)
Charan Singh, ED, UCO Bank said the restructured portfolio of the institution is seeing a gradual reduction and retail credit is growing at 15 percent.
Sensex hits 26000, Nifty rises 1%; banks outperform (16-09-2015)
Bankex outperforms with a gain of 1.5 percent from previous close. Bharti Airtel, Hero MotoCorp, Axis Bank, Vedanta and Bajaj Auto are top gainers while BHEL, HUL and Dr Reddy’s labs are down.