TEAMLEASE (TEAMLEASE): Buyback
TeamLease Services has disclosed the submission of a public announcement for a buyback of equity shares through a tender offer, according to an NSE filing dated 1 July. A separate headline from scanx.trade reported the company approved a buyback of 14.87 lakh shares at ₹1,600 per share, while Mint reported a ₹238 crore aggregate outlay. The postal ballot voting results, also filed with the exchange, indicate shareholder approval for the repurchase programme.
Events like this have historically shown a 57.1% win rate across 42 comparable instances, with a net edge of 0.374%, according to Strota's base-rate data for buyback announcements. These figures represent historical outcomes for the event type, not a forecast for TeamLease specifically.
The stock currently trades at a price-to-earnings ratio of 436.87 and a price-to-book ratio of 2.33, with return on equity at 14.3% and earnings per share of ₹3.32. Market capitalisation stands at ₹2,431 crore. The Nifty 50 rose 0.59% on the session.
The filing confirms the buyback structure and shareholder approval. It does not establish the tender acceptance ratio, the final record date, or whether the market price will trade above or below the buyback price of ₹1,600 at the time of the offer opening.
The catalyst
TeamLease - Intimation on submission of public announcement for buyback of equity shares of TeamLease through tender offer (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Buyback tends to continue — the move went bullish in about 57.1% of next sessions (net 0.374% after drift and cost, n=42). A base rate, not a forecast for this stock.
TEAMLEASE right now
P/E 436.87. Full TEAMLEASE analysis →
Sources
- TeamLease - Intimation on submission of public announcement for buyback of equity shares of TeamLease through tender offer — NSE
- TeamLease Services approves buyback of 14.87 lakh shares at ₹1,600 — scanx.trade
- Record Date Alert: Bajaj Finance, M&M, Gujarat Gas, Teamlease among corporate actions for the week — CNBC TV18
- The TeamLease Services Limited (NSE:TEAMLEASE) Full-Year Results Are Out And Analysts Have Published New Forecasts — simplywall.st
- TeamLease Services Buyback 2026 Record Date, Price & Ratio Details — IPO Watch
Keep digging
- TEAMLEASE — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
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