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Premium: The JustDial Buyback and What’s Causing The Reverse Arbitrage

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A Sorta Big Buyback Justdial is buying back some of its shares, at Rs. 1,550 per share. They will buy back 10.62 lakh shares for a total consideration of Rs. 164.5 crores. This is just 1.5% of the share capital of the company. The rest of this content is only available to premium members. Register for a premium membership today ! Apart from this content you will get our proprietary research and weekly newsletter too! Already a subscriber? Log in now !… (Read On…)

[via Capital Mind]

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