Paytm announces buyback of 3,95,000 shares for Rs 498.74 each

Paytm announces buyback of 3,95,000 shares for Rs 498.74 each

The buyback comes more than a year after Paytm's IPO.

FPJ Web DeskUpdated: Monday, December 26, 2022, 08:07 PM IST
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Through an exchange filing e-wallet platform Paytm has informed that it has bought back 3,95,000 shares at an acquisition price of Rs 498.74 each.

The buyback comes more than a year after Paytm's IPO, when its share value dropped by 28 per cent on the day of listing.

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