<p> Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday announced a share buyback worth Rs 850 crore at Rs 810 apiece.</p>.<p>The company has opted for the open market route through stock exchanges method for the buyback programme and expects the process to be completed within a maximum period of six months, the company said in a regulatory filing.</p>.<p>"The company will undertake a buyback of up to Rs 850 crore (excluding buyback taxes and other transaction costs) at a maximum price of Rs 810 per share and has opted for the open market route through stock exchanges method, which is to be completed within a maximum period of six months," Paytm said in the filing.</p>.<p>The decision for share buyback was taken at the company's board meeting held on Tuesday.</p>.<p>"All directors present voted unanimously in favour of the proposal, including all independent directors," Paytm said.</p>
<p> Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday announced a share buyback worth Rs 850 crore at Rs 810 apiece.</p>.<p>The company has opted for the open market route through stock exchanges method for the buyback programme and expects the process to be completed within a maximum period of six months, the company said in a regulatory filing.</p>.<p>"The company will undertake a buyback of up to Rs 850 crore (excluding buyback taxes and other transaction costs) at a maximum price of Rs 810 per share and has opted for the open market route through stock exchanges method, which is to be completed within a maximum period of six months," Paytm said in the filing.</p>.<p>The decision for share buyback was taken at the company's board meeting held on Tuesday.</p>.<p>"All directors present voted unanimously in favour of the proposal, including all independent directors," Paytm said.</p>