Update: OnMobile has said that it has spent a total Rs 44.28 crore on the buyback including brokerage and other charges. It also shared the following data (pdf): - The highest price at which the shares were bought back was Rs 85.80 per share on January 12, 2015 while the lowest price was Rs 68 per share on December 22, 2014. The average price was Rs 76.34 per share. - OnMobile has extinguished around 4.82 million shares (4,821,683 shares) of the total 5.8 million shares as of Jan 20, 2014 and the company is in the process of extinguishing the remaining 0.9 million shares (978,317 shares). Earlier (Jan 16): OnMobile Global has bought back 5.8 million shares, which represents 100% of the maximum offer shares, as on January 15, 2015 and has closed the buyback offer at the day's close yesterday. There is currently no information at what price did OnMobile pick up these shares, although it had received board approval for an amount up to Rs 49 crore at maximum of Rs 86 per share. Some stats/calculations: - OnMobile bought shares from December 22, 2014 to January 15, 2015. During this period, the shares reached a peak of Rs 88.3 and a low of Rs 69.65. With an upper limit of Rs 86 per share, the average buyback price would be Rs 77.825 per share, as per our calculations. - At Rs 86 per share, the total buyback would have been Rs 49.88 crore. At Rs 77.825 per share (average price during the period), the total…
