Paytm May Consider A Share Repurchase

Paytm announced on Thursday that its board of directors will meet on December 13 to discuss a bid for share buyback . The company's last earnings report was Rs 9,914 crore .

Paytm, a digital financial services company, announced on Thursday that its board of directors will meet on December 13 to discuss a bid for share buyback, considering the company's current liquidity position, Paytm said in a BSE filing.Paytm's last earnings report was Rs 9,914 crore.Paytm sold its shares at Rs 2,150 a piece, valuing the company at Rs 1.39 lakh crore, but the stock went to a record low of Rs 1,950 a piece last month.On the BSE, it closed at 508.4 apiece, down 0.28% from the previous close.

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