Matrimony.com to consider 3rd buyback in 3 years on Dec 15

Share market
C
CNBC Awaaz•08-12-2025, 09:56
Matrimony.com to consider 3rd buyback in 3 years on Dec 15
- •Matrimony.com shares rose by up to 12% during trading on Monday, December 8th.
- •The company will consider a share buyback proposal on Monday, December 15th.
- •This potential buyback would be the third for Matrimony.com in the last three years, following announcements in 2022 and 2024.
- •Previous buybacks included ₹72 crore in Sept 2024 (₹1,025/share) and ₹75 crore in May 2022 (₹1,150/share).
- •Despite previous buybacks, the company's shares have not reached their buyback price levels; current price is ₹523.6.
Why It Matters: Matrimony.com's potential buyback could affect its stock price and investor returns.
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