PC Jeweller’s board of directors to consider the proposal of share buyback on May 25.
In its filing to the exchanges the company stated, “A meeting of the board of directors of the company will be held on May 25, 2018, to consider the proposal for buy back of fully paid-up equity shares of the company.” They will also consider and approve the audited standalone and consolidated financial results for the quarter/financial year ended March 31, 2018.
Further, recommendation of dividend on preference shares for the period from April 01, 2017 to September 01, 2017, and recommendation of dividend, if any, on equity shares for the financial year 2017-18 will also be considered by the board members.