मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Flipkart Offers $50 Mn Stock Buyback to Staff
Business Standard
|July 12, 2025
Flipkart is allowing employees to cash out stock options worth millions of dollars.
This is a liquidity event that highlights the e-commerce giant's confidence amid intensifying competition with Amazon and quick-commerce (qcom) rivals.
The Walmart-owned company will let all active employees sell up to 5 percent of stock options vested over the past three years at $174.32 per share, with payments due in August. This was revealed by an internal memo from chief executive Kalyan Krishnamurthy, a copy of which was reviewed by Business Standard.
The employee stock options (ESOP) buyback is valued at $50 million, with about 7,000 employees expected to benefit from the liquidity programme.
यह कहानी Business Standard के July 12, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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