Shares of Matrimony.com have surged as much as 12% in trading on Monday, December 8, as the company announced that it will be considering a proposal for a share buyback on Monday, December 15.

This will be the third share buyback that the company will be announcing in the last three years. Its previous two buybacks came in 2022 and 2024. Record date for the current buyback is yet to be announced.

Back in September 2024, Matrimony.com had announced a ₹72 crore share buyback. It repurchased 7.02 lakh equity shares between October 30 to November 6 last year at a price of ₹1,025 per share. The buyback price was at a 27% premium to the previous day's closing price on September 5, when the buyback announcement was made.

Matrimony.com had announced its first share buyback in May 2022, where th

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