PSU stocks: New rules for share buyback, bonus issue, stock split and dividend
- Posted on November 19, 2024
- By Business News Today
- 2 Views
PSU stocks: New rules for share buyback, bonus issue, stock split and dividend
The finance ministry has updated capital restructuring guidelines for non-bank public sector enterprises (PSUs) to ensure optimal fund utilization. The revised norms for listed Central Public Sector Enterprises (CPSEs) include changes to dividend payouts, share splits, buybacks, and bonus issuances.