Matrimony.com Shares Soar 12% Ahead of Dec 15 Share Buyback Decision

• Matrimony.com will consider a share buyback proposal on December 15.
• The company's shares surged by up to 12% on December 8 following the buyback announcement.
• This marks the third share buyback considered by Matrimony.com in the last three years, with previous ones in 2022 and 2024.
• Past buybacks included a ₹72 crore offer in Sept 2024 at ₹1,025/share and a ₹75 crore offer in May 2022 at ₹1,150/share.
• Despite previous buybacks, Matrimony.com shares have not reached their buyback prices, with the all-time high of ₹1,242 occurring in Feb 2021.

Why It Matters: Matrimony.com's buyback may reward shareholders and influence stock value.