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FDC Limited – INDIA – Buyback

On February 3, 2018, FDC Limited (BSE:531599) announced that it intends to initiate an equity buyback on February 7, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On February 7, 2018, FDC Limited (BSE:531599) announced a tender offer to buyback 3.43 million shares at a buyback price of INR 350.00 per share. This represents a spread of 37.4% over the market price of INR 254.65 per share, as of the announcement…