DB Corp climbs 4% on share buyback approval

DB Corp climbs 4% on share buyback approval

Monday, July 09, 2018




Shares of DBCorp jumped 4% in Monday’s trade after the media firm’s shareholders approved Rs 312.80 crore share buyback proposal. “The special resolution…has been passed with requisite majority by the members of the company,” DB Corp said in a filing to BSE. Following the announcement, the stock rose 4.15 percent to hit a high of Rs 272 on BSE.
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