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NIIT Technologies announces buyback of 19.56 lakh shares at Rs 1,725 apiece

Updated : December 24, 2019 01:21 PM IST

The company said the proposed buyback represents 20.23 percent of the paid-up equity share capital and free reserves of the company.
The proposed buyback price is over 9 percent higher than Monday's closing price of Rs 1,577.85 on the BSE.
NIIT Technologies’ stock has outperformed the broader markets this year by increasing over 39 percent so far.
NIIT Technologies announces buyback of 19.56 lakh shares at Rs 1,725 apiece
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