One97 Communications, the parent entity of Paytm, has said in a filing to the stock exchanges that the company is considering a buyback of the fully paid-up equity shares. The board will take up the matter in a meeting on December 13, it said.
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On Thursday, the Paytm stock closed at Rs 508.25, down 0.32%, on the NSE. Since its initial public offering, Paytm shares have lost over 65% of their value.
