{"id":395744,"date":"2021-01-16T11:22:09","date_gmt":"2021-01-16T05:52:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=395744"},"modified":"2021-01-16T11:58:41","modified_gmt":"2021-01-16T06:28:41","slug":"gail-announces-%e2%82%b91046-35-crore-share-buyback","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-announces-%e2%82%b91046-35-crore-share-buyback\/","title":{"rendered":"GAIL announces \u20b91,046.35 crore share buyback"},"content":{"rendered":"<p>GAIL (India) Ltd, the nation&#8217;s largest gas distribution firm, on Friday announced a \u20b91,046.35 crore share buyback programme as it looked to return surplus cash to shareholders, the biggest being the government of India.<\/p>\n<p>In a stock exchange filing, the company said its board has approved the buyback of 6.97 crore shares at a price of \u20b9150 per share.<\/p>\n<p>The shares being bought represent 1.55 per cent of the total number of fully paid-up equity shares.<\/p>\n<p>The company board also declared an interim dividend of 25 per cent ( \u20b92.50 per share) for financial year 2020-21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAIL (India) Ltd, the nation&#8217;s largest gas distribution firm, on Friday announced a \u20b91,046.35 crore share buyback programme as it looked to return surplus cash to shareholders, the biggest being the government of India. In a stock exchange filing, the company said its board has approved the buyback of 6.97 crore shares at a price of \u20b9150 per share. The shares being bought represent 1.55 per cent of the total number of fully paid-up equity shares. The company board also declared an interim dividend of 25 per cent ( \u20b92.50 per share) for financial year 2020-21.<\/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":[141,130,183],"tags":[],"class_list":["post-395744","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/395744","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=395744"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/395744\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=395744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=395744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=395744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}