{"id":382460,"date":"2020-11-05T11:03:44","date_gmt":"2020-11-05T05:33:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382460"},"modified":"2020-11-05T11:03:44","modified_gmt":"2020-11-05T05:33:44","slug":"hpcl-announces-%e2%82%b92500-cr-share-buyback-at-%e2%82%b9250-per-share","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-announces-%e2%82%b92500-cr-share-buyback-at-%e2%82%b9250-per-share\/","title":{"rendered":"HPCL announces \u20b92,500-cr share buyback at \u20b9250 per share"},"content":{"rendered":"<p>The board of Hindustan Petroleum Corp Ltd (HPCL) on Wednesday approved share buyback worth \u20b92,500 crore.<\/p>\n<p>The board has approved proposal to buyback 10 crore shares, which represents 6.56% equity share, at \u20b9250 per share.<\/p>\n<p>The buyback price is at premium of 34% to HPCL stocks&#8217; closing price on 4 November.<\/p>\n<p>On Wednesday, HPCL&#8217;s scrip on NSE closed 0.83% higher at \u20b9187.20.<\/p>\n<p>HPCL&#8217;s standalone net profit more than doubled during the September quarter at \u20b92,477 crore as against \u20b91,052 crore a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of Hindustan Petroleum Corp Ltd (HPCL) on Wednesday approved share buyback worth \u20b92,500 crore. The board has approved proposal to buyback 10 crore shares, which represents 6.56% equity share, at \u20b9250 per share. The buyback price is at premium of 34% to HPCL stocks&#8217; closing price on 4 November. On Wednesday, HPCL&#8217;s scrip on NSE closed 0.83% higher at \u20b9187.20. HPCL&#8217;s standalone net profit more than doubled during the September quarter at \u20b92,477 crore as against \u20b91,052 crore a year ago.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-382460","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=382460"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382460\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}