PVR INOX completes Rs 300 crore share buyback, oversubscribed 16x
PVRINOX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Smallcap 250 and 3.5 pts less than its Film Production Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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PVR INOX bought back 20,68,965 shares at Rs 1,450 each, totaling about Rs 300 crores via tender offer. The buyback was oversubscribed 16.42 times with 41,274 valid bids for 3.4 crore shares. It represents 4.09% of paid-up capital and free reserves. Share extinguishment is due by October 6, 2026.
Capital return to shareholders; share count reduction may support EPS. Strong oversubscription signals robust investor demand at the offer price.