Jagsonpal Pharmaceuticals (NSE:JAGSNPHARM, BOM:507789) has fixed May 8 as the opening date and May 14 as the closing date for its share buyback plan worth 400 million, according to a Wednesday filing on Indian bourses.
Shares of the company rose nearly 2% in Thursday's trade.
The company will buy back up to 1.6 million equity shares at 250 rupees per share through the tender offer route, the filing said.
Shares of Australia-listed uranium producers rose in recent Thursday trade as the New South Wales Uranium Bill was passed into law on Monday, according to a Thursday statement by the Minerals Council of Australia.Shares of Deep Yellow (ASX:DYL) rose 5%, while Paladin Energy (ASX:PDN) gained 7% and Nexgen Energy (ASX:NXG) added 6%.The new legislation removes the NSW prohibitions on uranium mining and nuclear energy, according to the statement.
Zeotech (ASX:ZEO) started a new air-core drilling program at the Toondoon project in Queensland, with 119 holes covering 3,500 meters, according to a Thursday filing with the Australian bourse.The program, designed to increase confidence in the project's mineral resource, will focus on infill grade control drilling on mining lease 80126 and step-out exploration targeting high-prospect areas across exploration permits 27395 and 27866, the filing said.
China's Ministry of Finance plans to issue 84 billion yuan in treasury bonds in Hong Kong this year, the ministry said in a Wednesday disclosure.The renminbi-denominated treasury bonds in Hong Kong for this year are higher than the 68 billion yuan issued a year earlier, Xinhua reported on the same day.The bonds for this year will be issued in six tranches, with the first two amounting to 29.5 billion yuan already issued in February and April, according to the ministry.