{"id":481132,"date":"2022-04-01T11:03:28","date_gmt":"2022-04-01T05:33:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=481132"},"modified":"2022-04-01T11:03:28","modified_gmt":"2022-04-01T05:33:28","slug":"gail-to-buy-back-57-million-shares-at-22-premium","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-to-buy-back-57-million-shares-at-22-premium\/","title":{"rendered":"Gail to buy back 57 million shares at 22% premium"},"content":{"rendered":"<p>New Delhi: Gail (India) Ltd will buy back 57 million shares at 190 each, a 22% premium to Thursday\u2019s closing price, the state-run natural gas company said.<\/p>\n<p>Gail plans to spend Rs 1,083 crore, excluding taxes, on the repurchase of shares representing 2.5% of its paid-up capital and free reserves as of March 31, 2021. The government owns 51.80% of Gail and will have the option to tender some shares in the buyback programme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Gail (India) Ltd will buy back 57 million shares at 190 each, a 22% premium to Thursday\u2019s closing price, the state-run natural gas company said. Gail plans to spend Rs 1,083 crore, excluding taxes, on the repurchase of shares representing 2.5% of its paid-up capital and free reserves as of March 31, 2021. The government owns 51.80% of Gail and will have the option to tender some shares in the buyback programme.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-481132","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481132","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=481132"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481132\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=481132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=481132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=481132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}