Paytm buys back 4.75 lakh of its shares for Rs 532.02 each

Paytm buys back 4.75 lakh of its shares for Rs 532.02 each

This is the third buyback for Paytm after Monday, which takes the total number of shares bought back to 11,30,000.

FPJ Web DeskUpdated: Wednesday, December 28, 2022, 06:26 PM IST
article-image
Paytm buys back 4.75 lakh of its shares for Rs 532.02 each | Image credit: Wikipedia (Representative)

Online payment platform Paytm on Wednesday announced that it has bought back 4,75,000 shares for Rs 532.0107 per unit.

This is the third buyback for Paytm after Monday, which brings the total number of shares bought back to 11,30,000.

The company released the Paytm 2022 Recap, in which it mentioned that it had prevented over 161 crore ATM visits. The digital payment app has also reached 106 cities across 20 states with Katpadi in Tamil Nadu clocking almost seven fold rise in this year.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Tips for Buying a Two-wheeler Insurance Policy

Tips for Buying a Two-wheeler Insurance Policy

CIL’s NRS supplies to log 16.6% growth in Q4 FY23

CIL’s NRS supplies to log 16.6% growth in Q4 FY23

Debt funds held over 3 yrs may lose indexation benefit, to be taxed as par with FDs

Debt funds held over 3 yrs may lose indexation benefit, to be taxed as par with FDs

Airtel 5G Plus is now available across 500 cities in the country

Airtel 5G Plus is now available across 500 cities in the country

PowerGrid issues non-convertible bonds worth Rs 600 cr

PowerGrid issues non-convertible bonds worth Rs 600 cr