TeamLease announces ₹238 cr buyback amid 26% Q4 profit rise
pre-market1 source ↓written by the desknot a recommendation
- worth
- ₹238 cr
- repurchasing
- 14.87 lakh shares
- each
- ₹1,600
- of its total
- 8.87%
- capital
- 31 Mar 2026
TeamLease Services has approved a share buyback worth up to ₹238 cr, repurchasing over 14.87 lakh shares at ₹1,600 each. This buyback represents 8.87% of its total equity share capital as of 31 Mar 2026. The move aims to utilize existing cash reserves and may support stock prices amid ongoing market pressure.
Not investment advice. For informational purposes only.