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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.
TeamLease Services announces Rs 238-cr share buyback; Q4 PAT rises 26% YoY
TeamLease Services reported Q4 FY26 results and announced a share buyback of up to Rs 238 crore at a price of Rs 1,600 per share through the tender offer route.
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.