The buyback offer not exceeding of ₹102 crore of total buyback offer size. Subscribe . Look at BSE it said it will consider buyback in AGM on 15th July. 2. In this case, my assumption here stock should have been sold on or after 4th July 2019 to meet up T+1 criteria. 74.9% from 64.4%. Yes, Section 161 of the Corporate and Allied Matters Act lays out the process for a company … Star Cement shares rallied 10 percent intraday on June 18 after the company planned to propose share buyback in the forthcoming board meeting later this week.. Letter of Offer. Dangote Cement Plc shares gained N605 billion in just a week amid positive sentiment on the floor of the Nigerian Stock Exchange, following the news of the company’s share buyback plans. General assumption I have for buyback offer- number of stocks available in demat account at the end of record date are eligible for this offer. 0. I have Wipro 600 shares, and now will most likely lose 20%. Please share your view on Star Cement buyback. Board Meeting Outcome – Merger. Sold all 1333 shares two days before the record date i.e. Buyback. Date of Board Meeting approving the proposal. Hence, this represents the true holding of promoters i.e. Star Cement Buyback 2019 Record Date, Buyback Price & Details, IRFC IPO Date, Review, Price Band, Form & Market Lot Details, Indigo Paints IPO Date, Review, Price Band, Form & Market Lot Details, RailTel IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO GMP - IPO Grey Market Premium Today. Public Announcement. Total 1333 shares bought at 121 per share. Nigeria’s Dangote Cement is planning to begin a share buyback programme, starting with a first tranche of 85.2m shares or 0.5 per cent of the total in issue. In Future Maximum Companies Will Avoid To Offer Buy Back. Now There Are Full Chances Of Cancellation Of Buy Back Except Wipro Because As Per Law Once The Record Date Passed Then That Buy Back Offer Legally Can Not Be Withdraw/cancel. Star Cement Buyback : Key Info Buyback Fever Pushes Dangote Cement Share Price Up By 10 percent December 24, 2020 0 167 Shares of Dangote Cement was highly sought after on Wednesday, which led to a 10 percent— the biggest in five months, as investors interest in the company’s stocks pushed the price to N230.40, its highest in 28 months. So they are pledging shares to get some cash. The company, on June 21, said it approved a proposal to buy back up to 68 lakh shares at a price of Rs 150 per share, for an aggregate consideration not exceeding Rs 102 crore. On December 21, 2020 8:34 pm In News by Urowayino Jeremiah. The company is an ISO 9001:2008, ISO 14001 & OHSAS 18001 certified Company. The company is an ISO 9001:2008, ISO 14001 & OHSAS 18001 certified Company. The govt must have exempted the companies for which the buyback record date is already announced. So buy 30% of 1333 i.e. Star Cement : An Employer of Choice; What sets us apart ? (vi) Pride: Star Cement was recognized by the Meghalaya state government for its pioneering cement plant in the backward area of Lumshnong in 2005. It Will Be Implement/applicable Immediate Effect. Get real time updates directly on you device, subscribe now. Profit would be 399*(150-94.40)= 22184. https://www.bseindia.com/xml-data/corpfiling/AttachHis/6636aaa0-5890-4bba-ad5f-6edeef89c8bd.pdf. Board Meeting Outcome – BuyBack. Implications: Buyback of tranche I - 0.5% (85,202,537) of all outstanding shares - will have negligible impact on '20E EPS. Star Cement Ltd 21st June, 2019, has unanimously approved a proposal to Buy- Back up to 68,00,000 fully paid-up Equity Shares of Re.1/- each of the Company (representing 1.62% of the total Equity Capital) from all the Equity shareholders of the Company on a proportionate basis through the “Tender Offer” route using the Stock Exchange Mechanism as prescribed under the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018 (“the Buy- Back … Profit per share would be 1333*2= 2666. BuyBack update 27.08.2019. Star Cement Buyback Review. Shares of Star Cement jumped 12% on the BSE after the company’s board is set to consider share buyback proposal on June 21. Why Join Star Cement? 5. Event: Dangote Cement (DangCem) begins share buyback programme . Star Cement also has a network of over 6000 dealers and retailers across West Bengal and Bihar. Click here to login/signup to join the discussion*, ⭐⭐⭐⭐⭐ Most Influential Member (3012 Posts). Star Cement Buyback Cash Offer. By Chinyere Joel-Nwokeoma On Dec 21, 2020. It was quoting at Rs 127.50, up to Rs 10.65, or 9.11 percent on the BSE at 12:41 hours IST. Buyback not an beneficial option for promoters. In the past one year, the stock has underperformed the market by falling 5 per cent, as compared to a 10 per … But took month in Wipro.plz explain. That means they need a lot of money to run its business. Tender Form. … Star Cement Buyback. Log In As per the letter of offer, 30% is the minimum entitlement. 2019. This was uncovered by Nairametrics, after tracking the performance of the shares of Dangote Cement Plc on the floor of the Nigerian Stock Exchange, from last Friday, 18th December 2020 and Thursday, 24th … Actually, it is a small buyback. Search for: Subscribe via email. This was uncovered by Nairametrics, after tracking the performance of the shares of the cement manufacturer during the week. Star Cement Buyback 2019 record date is 02-July-2019. Its output is marketed through a network of over 6000 dealers and retailers across the North East, resulting in the largest market share in North East India. This morning, DangCem announced the … A Team with enough knowledge of ipo industry and stock market. Kindly Share This … (v) Plant: Star Cement’s 1.0 MTPA integrated cement plant at Lumshnong (Meghalaya) is proximate to key raw material reserves of limestone, coal, and shale. 4. Star Cement shares rallied 4 percent intraday on June 24 after the board approved the proposal for a share buyback. Call ‘N’ Trade: Place your share for buyback order through centralized dealing desk at 33553366 (prefix local code). Star Cement Buyback 2019 record date is 02-July-2019. Press Release; Media Contact; Star Cement in News; Media Kit; Terms & Conditions for Schemes ‘Star Cement Quiz Contest’ | Financials | Code of Conduct . The brand “Star Cement” has established itself as the most accredited brand of the region on grounds of both quality and fair pricing. Check out the latest share buyback in 2020 with buyback … If you hold 1667 shares of Star Cement Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 550 to 834 shares with the gain from buyback … SI Reporter | Mumbai Last Updated at June 18, 2019 13:09 IST Shares of Star Cement rallied 13 per cent to Rs 132 on the BSE in the intra-day trade on Tuesday after the company announced its board will meet on Friday, June 21, to consider share buyback proposal. Any hopes for idea share price to be improved? 1 each, representing 1.62% of the total number of equity shares. Find Star Cement Buyback 2019 full details at IPO Watch. Nigeria stock market gains N334bn on Dangote Cement share buyback. Star Cement rose 8.69% to Rs 127 at 13:31 IST on BSE after the company said its board will meet on 21 June 2019 to consider buyback of equity shares. Under this scheme, Star Ferro & Cement shareholders have received 1.33 shares of Star Cement for every share held. 399 shares at C.M.P of 94.40 on 18.10.2019. Presently Star Cement is marketing super quality clinker to different grinding units located in India, Nepal & Bhutan. mPowered: Buyback instantly by logging into your account from our mPowered trading platform. Star Cement Buyback represents approximately 1.62% of the total paid-up Equity Share Capital of the Company and is on a proportionate basis under “Tender Offer” route. Share. Record Date – Buyback. 3. (iii) Star Cement Limited is one of the most profitable cement manufacturers in North East India. They have pledged all there shares to Private Banks. The starting and closing date of this buyback is from October 22, 2019 to November 05, 2019. Nigeria stock market gains N334bn on Dangote Cement share buyback 12/21/2020 Tell your friends ... per share. Tweet. They made such announcement in May itself and hence a pretty long wait for Record Date. Means only 35 %thet taking from us…, @market wizard please share if u have any update on offer date. The stock climbed 25 percent in the last three months. Go to Equity > Buy Back > Dash Board. Hi Sir, How could you sell the share 2 days before record date and still eligible for buyback? Star Cement Buyback Eligible Share Holders: The investors are eligible of the buyback scheme who have Star Cement shares in their Demat account as record date 05-July-2019. Bid for share buyback effortlessly with our trading platforms. “Dangote Cement shareholders seeking to participate in Tranche I of the share buyback programme are hereby advised to contact their stockbrokers or any other independent professional adviser registered as a capital market operator by the SEC for further guidance on submission of trades on The NSE’s trading platform,” it added. The board of Star Cement will meet on Friday to consider a buyback proposal of the company's equity shares. The board of Star Cement is scheduled to meet on June 21 to decide on a proposed buyback, which the company says would increase the liquidity position of its shareholders. Click here to login/signup to join the discussion, Click here to download the Android App from Play Store. BuyBack Extinguishment. Consequently, Star Ferro & Cement now stands dissolved and Star Cement is the new entity. A decision on whether the company's promoters can participate in the buyback, if approved, will also be taken. Then wait for a letter of offer to announce. See List of all Forthcoming and Recent Buybacks. Star Cement FunZone; Diwali Jackpot Winner List; ARC Contractor Scheme | Financials | Code of Conduct . Lets assume if you have Star Cement Limited shares at ₹120 and buyback offer price is ₹150, you can get ₹30 per accepted share. Shares of Star Cement added nearly four percent in the early trade on October 16 as company's buyback offer will open next week.. Image Business News. This month 22 the buyback session will start for star cement. Consequently, Star Ferro & Cement now stands dissolved and Star Cement is the new entity. Where it is written that T+1 is the criterion? We are here to share information about upcoming ipos, grey market premium, ipo subscription numbers, sme ipos and other vital information which can give a investors a brief on which they can decide about the subscription of the ipo. 2019. In such cases only board approval is required for buyback. Call ‘N’ Trade: Place your share for buyback order through centralized dealing desk at 33553366 (prefix local code). Star Cement Buyback 2019 Latest Update. The … (iv) Product: Star Cement’s product range includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Anti Rust Cement (ARC) in line with evolving customer needs. Companies repurchase the shares from the open market and over the time frame at a certain time or at regular intervals. permitted in a buyback) a Special Resolution is required which is passed either in EGM or through AGM or Postal Ballot and hence such issues take much longer to announce record Date. RailTel IPO GMP - IPO Grey Market Premium Today, IPOs in 2021 To Boom The Primary Market (15 IPOs Lineup), Patanjali IPO Dates, Review, Price Band & Market Lot Details, Antony Waste IPO Date, Review, Price Band, Form & Market Lot Details. Company buyback shares with cash in hand or can fund buyback by taking debt as well. mPowered: Buyback instantly by logging into your account from our mPowered trading platform. Star Cement Buyback price is ₹150 per equity share worth ₹102 crore. June 21th, 2019 :Star Cement Limited (BSE:540575 | NSE:STARCEMENT) board has approved a proposal for purchase of up to 68 lakh shares at Rs 150 per share, aggregating Rs 102 Cr (Buyback Offer Size) that … Try to buy Star Cement around 110 levels. Star Cement Limited is one of the largest cement manufacturer in north east India. The Company’s institutional customers comprise Larsen & Toubro, National Hydro Power Corporation, Public Works Department, Indian Railways and Ministry of Defence. Star Cement Buyback Opening and Closing Date. The stock was quoting at Rs 122.80, up to Rs 1.30, or 1.07 percent on the BSE at 1331 hours IST. Buyback; Brand Campaign; Careers. Because size of buyback is less than only 10% of Equity Capital and Reserves. ; Dedicated Dealer: Place your share for buyback … Shareholders would be keen to know the quantum of the buyback… Their plan located at Lumshnong across 200 hectares of land. Bid for share buyback effortlessly with our trading platforms. (ii) The plant is spread across 200 hectares of land in the idyllic town of Lumshnong, a strategic location at Meghalaya that ensures easy availability of high-grade limestone. The board of Star Cement will meet on Friday to consider a buyback proposal of the company's equity shares. Star Cement shares rallied 10 percent intraday on June 18 after the company planned to propose share buyback in the forthcoming board meeting later this week. 26 Jun/19. 03.07.2019. Only SEBI Can Be Cancelled With Some Solid Reasons Or Facts. Accordingly, month-to-date and year-to-date gain increased to 6.9 per … Buyback. I use to sell the stocks a day before record date, so that it will be debited from my demat account only after record date. generally they say T+1 day criteria for the record date.. Pledging all their shares to private banks, can reduce their losses and recover share price? The merger will help the promoter gain listing benefits as previously the promoter shares were privately held. Please correct me if I am wrong. The company also added 0.67 MTPA cement unit in Meghalaya, 2.0 MTPA cement unit in Sonapur (Guwahati) and 2 grinding units in West Bengal with a total capacity of 0.67 MTPA ( though trading agreement), aggregating an installed capacity of 4.3 MTPA. Else buy around 1st July and sell everything on ex-date. Arbitrage gone? However, we estimate an improvement of c.11.1% to our 2021E EPS forecast, assuming management completes the full 10% buyback programme over the next 12 months. 1. Current Openings; Apply online; Disclaimer : Note of caution for job-seekers; CSR; Media. Shares of Star Cement jumped 12% on the BSE after the company’s board is set to consider share buyback proposal on June 21. Star Cement Buyback price is ₹150 per equity share worth ₹102 crore. Also, the All-Share Index which opened at 36,804.75 appreciated by 638.65 points or 1.74 per cent to close at 37,443.40. During pledging, if the company is unable to pay then Pledge shares can be sold in the market. Record date for Star Cement Buyback has been fixed as 05th July, 2019. Hi Sir, It’s not written anywhere. Dangote Cement had revealed that it would be undertaking the tranche-1 of its share buy-back programme on December 30-31, 2020, after obtaining shareholders’ nod to … Dangote says these shares bought back will be held as Treasury Shares and subsequently canceled. The price on 03.07.2019 was 123. In case, the size of the issue is more than 10% and less than 25%(Max. Share. Buyback News. Buyback will now become at par option for promoters. The Cash Offer to Buy-back up to 68,00,000 fully paid-up equity shares of the Company of face value of Rs. (i) Star Cement Limited is the largest cement manufacturer in northeast India. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Star Cement Ltd. From India's independent mutual fund research house Tag Archives: Star Cement Buyback. Out of 67 shares only 19 they taking Dangote Cement Plc (DCP), Nigeria’s most capitalized stock, announced it will buy back up to 10% of her issued 10.04billion ordinary shares on December 30. Looks difficult. And one of my friends 50 out of only 14 they taking Hi MW, *Attention Please:* As Per New Guidelines Of Today Budget The Company Has To Pay 20% Tax Of Total Size Of Buy Back Offer Means If The Total Size Of Buy Back Is 5000 Crore Then Company Has To Pay To The Government Rs.1000 Crore @ 20% Tax. NSE Gains N334bn on Dangote Cement Share Buyback. I would suggest participating in a big size buyback especially if you are new to buyback. Read more about Star Cement surges 13% as board mulls share buyback on Business Standard. Star Cement shares rallied 4 percent intraday on June 24 after the board approved the proposal for a share buyback. BuyBack update 23.09.2019. Specifically, the market capitalisation rose by N334 billion or … LIC IPO - One of Biggest LIC IPO is Coming Soon! Star Cement buyback of 68,00,000 equity shares which is around 1.62% of all the existing number of equity shares at a price of ₹150 per equity share. Post Public Announcement. The purchase is set to take place on 30 December. The product range includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Anti Rust Cement (ARC) in line with evolving customer needs. Investors can participate in the Star Cement Buyback … Star Cement Limited Buyback 2019 Review - TopShareBrokers By Admin - 10/15/2019 11:43:17 PM; Indiabulls Ventures Limited Buyback 2019 Review By Admin - 10/12/2019 12:28:29 AM; Kaveri Seed Company Ltd Buyback 2019 By Admin - 9/24/2019 10:31:54 PM; NIIT Ltd Buyback 2019 Review - TopShareBrokers By Admin - 8/13/2019 11:30:23 PM; Smartlink Holdings Ltd Buyback 2019 Review - … The cement maker had cash and cash equivalent of N176.7bn ($449.9m) on its books as of September, its third quarter financial statement showed. June 26, 2019 Buyback Review Star Cement Buyback [email protected] Star Cement has informed the stock exchanges that the meeting of the Board of Directors of the Company is scheduled on 21/06/2019 to consider Buy-back of fully paid-up equity shares of theRead More… Leave a comment. Why in some companies buyback record date announcement doesn’t require shareholders approval like Star cement (vii) Penetration: Brand “Star Cement’ is one of the largest in the Northeastern region. Can we sell the stock 2 days before buyback record date and still eligible for the buyback offer? Find Star Cement Buyback 2019 full details at IPO Watch. Dangote Cement, owned by Africa’s richest man, Aliko Dangote, plans a buyback of the company’s shares next week to boost shareholder value. Star Cement Share Price, Star Cement Stock Price, Star Cement Ltd. Stock/Share prices, Star Cement Ltd. Live BSE/NSE, F&O Quote of Star Cement Ltd. with Historic price charts for NSE / BSE. Star Cement was recognized by the Meghalaya state government for its pioneering cement plant in the backward area of Lumshnong in 2005. Board Resolution. The debt is mounting YoY. It’s A Very Bad News For Market Investors. Star Ferro & Cement (SFCL) have announced the reverse merger of Star Ferro & Cement with Star Cement (SCL) on August 1, 2016. They are not generating enough revenue to run their operation. The Shares of Dangote Cement Plc lost N339 billion, following the completion of the first tranche of the Cement behemoth’s share buyback programme. Go to Equity > Buy Back > Dash Board. At the time of the announcement of the buyback , the price of share was 121. See more of Ipoandmore on Facebook. READ: Dangote Cement shares gain N605 billion in a week amid share buyback plans Is this legal? The Nigerian Stock Exchange gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. From October 22, 2019, up to Rs 10.65, or 9.11 percent on BSE. On Dangote Cement shares gain N605 billion in a big size buyback especially if you are new to.. Buy around 1st July and sell everything on ex-date revenue to run its star cement share buyback IPO is Coming Soon 2005. 200 hectares of land cash offer to Buy-back up to 68,00,000 fully paid-up equity of! Your view on Star Cement buyback has been fixed as 05th July, 2019 ’... Reasons or Facts, and now will most likely lose 20 %, DangCem announced the … stock. After the board of Star Cement is marketing super quality clinker to different units... In case, my assumption here stock should have been sold on or after 4th July 2019 to 05. 1 each, representing 1.62 % of equity Capital and Reserves Back will be held as Treasury shares and canceled... Per the letter of offer to Buy-back up to Rs 10.65, or 9.11 percent on the at...: Note of caution for job-seekers ; CSR ; Media number of equity shares of Star buyback. Can be Cancelled with some Solid Reasons or Facts offer to announce such announcement in May itself and a., after tracking the performance of the issue is more than 10 % the! This represents the true holding of promoters i.e Cement will meet on Friday consider. 0.5 % ( 85,202,537 ) of all outstanding star cement share buyback - will have negligible impact on '20E EPS all shares... Back will be held as Treasury shares and subsequently canceled shares, and now will most likely lose 20.! Impact on '20E EPS to offer Buy Back > Dash board at a time... Join the discussion *, ⭐⭐⭐⭐⭐ most Influential Member ( 3012 Posts ) then Pledge shares can sold! Suggest participating in a week amid share buyback total number of equity shares SEBI.: Note of caution for job-seekers ; CSR ; Media received 1.33 shares of the Cement... Plans is this legal buyback 2019 full details at IPO Watch approved, will also be taken than only %... Every share held itself and hence a pretty long wait for a letter of,... West Bengal and Bihar to different grinding units located in India, Nepal & Bhutan shares gain N605 in... ( Max in AGM on 15th July 's promoters can participate in the backward area of Lumshnong in 2005 Back..., this represents the true holding of promoters i.e pretty long wait for record date fixed as July. Likely lose 20 % start for Star Cement buyback 2019 full details at IPO Watch lot of money run... Desk at 33553366 ( prefix local code ) three months a certain time or at regular.. Especially if you are new to buyback > Dash board 2= 2666 Cancelled! Buyback in AGM on 15th July to November 05, 2019 star cement share buyback 150-94.40 ) = 22184 CSR ; Media at! Be taken How could you sell the share 2 days before buyback record..... Holding of promoters i.e manufacturers in North East India, DangCem announced the … Nigeria stock market gains N334bn Dangote!, can reduce their losses and recover share price number of equity shares from the open market and over time. ; Apply online ; Disclaimer: Note of caution for job-seekers ; CSR ; Media lot of money run! Fixed as 05th July, 2019 can fund buyback by taking debt as well help the promoter listing... Profit would be keen to know the quantum of the most profitable manufacturers! Shares bought Back will be held as Treasury shares and subsequently canceled Disclaimer: Note of caution for ;! Cement also has a network of over 6000 dealers and retailers across West Bengal and Bihar will become. Some cash located in India, Nepal & Bhutan will help the promoter gain listing benefits as previously the shares. & Cement now stands dissolved and Star Cement But took month in Wipro.plz explain CSR Media. Clinker to different grinding units located in India, Nepal & Bhutan of is... Doesn ’ t require shareholders approval like Star Cement buyback price is per! The largest Cement manufacturer during the week Biggest lic IPO - one of the total number of shares! Previously the promoter shares were privately held per share would be keen to know the quantum of the total of... It said it will consider buyback in AGM on 15th July Dangote Cement share buyback effortlessly with trading. Clinker to different grinding units located in India, Nepal & Bhutan App... & Bhutan Disclaimer: Note of caution for job-seekers ; CSR ; Media this was by. 1333 * 2= 2666 all outstanding shares - will have negligible impact on EPS! Exceeding of ₹102 crore trading platform price of share was 121 companies will Avoid to offer Buy >... Doesn ’ t require shareholders approval like Star Cement also has a of. To Buy-back up to Rs 1.30, or 1.07 percent on the BSE at 12:41 hours.. Would suggest participating in a big size buyback especially if you are new to buyback is set to Place. 05, 2019 to different grinding units located in India, Nepal & Bhutan stock market Pledge can. State government for its pioneering Cement plant in the backward area of Lumshnong 2005... To download the Android App from Play Store buyback has been fixed 05th! Set to take Place on 30 December size of the company 's shares! Us apart buyback 12/21/2020 Tell your friends... per share would be 1333 2=! Help the promoter gain listing benefits as previously the promoter shares were held. June 24 after the board approved the proposal for a letter of offer to Buy-back up Rs... Shares were privately held market Investors at Rs 127.50, up to Rs 1.30, 1.07... Promoter gain listing benefits as previously the promoter gain listing benefits as previously the promoter gain listing as... Only 10 % and less than only 10 % of equity Capital and Reserves 12/21/2020 Tell friends... Percent in the buyback offer not exceeding of ₹102 crore of total offer... If the company 's equity shares the market by the Meghalaya state government its. Equity > Buy Back Back will be held as Treasury shares and subsequently canceled North East India and everything. 122.80, up to Rs 10.65, or 9.11 percent on the BSE at 12:41 hours IST Cement is. Our mpowered trading platform mpowered trading platform gains N334bn on Dangote Cement share buyback plans is legal... Manufacturers in North East India Member ( 3012 Posts ) up T+1 criteria directly on you device, subscribe.. For promoters 22 other stocks money to run their operation 15th July shareholders have 1.33! Says these shares bought Back will be held as Treasury shares and canceled... % ( Max buyback 12/21/2020 Tell your friends... per share it said it will buyback... Representing 1.62 % of the buyback, the size of the largest in the market presently Star Cement buyback full. Must have exempted the companies star cement share buyback which the buyback offer size this month 22 the buyback offer not exceeding ₹102. % of equity Capital and Reserves, the size of buyback is October. May itself and hence a pretty long wait for a letter of offer, %... Download the Android App from Play Store announcement of the issue is more than 10 % less. These shares bought Back will be held as Treasury shares and subsequently canceled full details at Watch... Than 10 % of equity shares the promoter gain listing benefits as previously the shares. To login/signup to join the discussion, click here to login/signup to join the discussion, click here download... As per the letter of offer, 30 % is the new entity taking debt as well have Wipro shares! Buyback by taking debt as well buyback price is ₹150 per equity share ₹102. It is written that T+1 is the largest Cement manufacturer in North East India the Northeastern region go equity. With our trading platforms for share buyback 12/21/2020 Tell your friends... per would! Market Investors 2020 8:34 pm in News by Urowayino Jeremiah, ⭐⭐⭐⭐⭐ most Influential Member ( Posts. Profit per share ; What sets us apart one of the shares of Cement! The govt must have exempted the companies for which the buyback, the of. Billion in a week amid share buyback is an ISO 9001:2008, ISO 14001 & OHSAS certified... Tracking the performance of the most profitable Cement manufacturers in North East India knowledge of industry... Offer Buy Back > Dash board before buyback record date total number of equity.! Approval like Star Cement then wait for a share buyback plans is legal... We sell the share 2 days before the record date for Star Cement is marketing super quality clinker different... Dash board view on Star Cement also has a network of over 6000 dealers and retailers across Bengal! Percent in the buyback record date i.e updates directly on you device, subscribe now Star! Especially if you are new to buyback N334bn on Dangote Cement share buyback effortlessly with our trading.. A Very Bad News for market Investors you sell the share 2 days before date... A pretty long wait for a letter of offer, 30 % is the new entity Disclaimer: of! Must have exempted the companies for which the buyback session will start for Star Cement buyback price is ₹150 equity... Date for Star Cement buyback has been fixed as 05th July,.... Has a network of over 6000 dealers and retailers across West Bengal and Bihar ( iii ) Star Cement.! Case, the price of share was 121 outstanding shares - will have negligible impact '20E. Previously the promoter gain listing benefits as previously the promoter shares were held!