Care Ratings` Buyback Offer - Shareholders` Dilemma

Case Code: FINC213
Case Length: 10 Pages
Period: 2022-2023
Pub Date: 2024
Teaching Note: Available

Price: Rs.300
Organization: CARE Ratings Limited
Industry: Financial Services
Countries: India
Themes: Capital Structure

Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

On July 20, 2022, CARE Ratings Limited (Care Ratings) informed the stock exchanges that the company’s Board of Directors (BoD) had approved the proposal for a share buyback. The company’s share price had gone down by more than 30% in the first half of 2022. In the same period, the benchmark Indian stock market index Nifty 50 went down by 10%. Experts opined that share buyback was good news for Care Ratings’ shareholders, especially for those who wanted to exit the stock for better investment avenues..

Buy this case study (Please select any one of the payment options)

Price: Rs.300

PayPal (7 USD)

Custom Search