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Record Date Alert: Bajaj Finance, M&M, Gujarat Gas, Teamlease among corporate actions for the week
A whole host of companies, ranging from Bajaj Finance, Mahindra & Mahindra, Kajaria Ceramics, Teamlease Services, Gujarat Gas, among others will witness corporate actions taking place this week for their respective announcements made earlier. These announcements pertain to the final dividends, share buybacks, and even spin-offs. Here's a list of such companies:
TeamLease Services announces ₹238 crore share buyback at ₹1,600 per share; posts 26% rise in Q4 net profit
TeamLease Services approved a buyback of 14.87 lakh shares at ₹1,600 each, totaling up to ₹238 crore, representing 8.87% of equity capital. The buyback will be funded through cash reserves, and a committee has been formed to oversee the process.
Teamlease board approves share buyback worth Rs 238 crore; to buy over 14.87 lakh shares via tender offer route
Teamlease Services approved a share buyback of 14.87 lakh shares worth ₹238 crore at ₹1,600 per share via a tender offer, aiming to boost stock performance. The company also reported Q4 FY26 earnings: net profit grew 26% YoY to ₹44 crore, with revenue rising to ₹2,925 crore, alongside 109 new client additions.
This smallcap recruitment company is set to announce buyback on May 20. Do you own?
TeamLease Services will hold a board meeting on May 20. The board will review the company's January-March quarter results for FY26. A proposal for a share buyback will also be considered. This potential buyback would be the first in three years. The company's stock saw a significant jump following the announcement.
Stocks to Watch Today: Apollo Hospitals, Jubilant Foodworks, HG Infra, Pace Digitek, GPT Infra, Metro Brands, Teamlease, Sammaan Capital in focus on 21 May
Stocks to Watch, 21 May: Stocks like Apollo Hospitals Enterprise, Sammaan Capital, Honeywell Automation India, Whirlpool of India, Teamlease Services, Sanghvi Movers, Metro Brands, JK Lakshmi Cement, Bosch, and Garware Technical Fibres will be in focus on May 21.