IDFC First Bank Limited — Dividend/Bonus, 09-04-2025: Buyback

The company has announced a buyback of shares through a tender offer, totaling ₹500 crore at a maximum price of ₹2,000 per share. The offer will encompass up to 25 lakh shares, representing approximately 10% of the paid-up equity capital. The buyback aims to enhance shareholder value and improve return on equity. The buyback period is set to commence shortly, subject to regulatory approvals. This initiative may positively impact earnings per share by reducing the number of shares outstanding.