GQG Launches Buyback After Stock Tumbles on Adani Probe
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
GQG Partners Refuses to Sell Adani Stocks Despite Bribery Scandal and 26% Loss
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing to sell, despite mounting controversy.
GQG Plans Buyback After Stock Slumped on Adani Investments
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares after they plunged on concern over the money manager’s exposure to the embattled Indian conglomerate.
GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.
Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment
The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.
GQG Partners, with a $8.1 bn exposure to Adani Group, does not see material impact on operations
As of November 21, GQG's total exposure in Adani Group stood at $8.1 billion on total assets of $156.7 billion, or 5.2% of total assets.
GQG Partners Says Adani Group Companies "Well-positioned For Future"
Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is "well-positioned for the future" and as of now it has "not changed our view on the prospects for these investments.
GQG memo on Adani investments falls short
GQG Capital's memo reveals doubts on Adani stocks, lacking strong support amid declining profits and skepticism.
GQG Partners reaffirms confidence in Adani, refuses to sell stocks after bribery scandal
Boutique investment firm GQG Partners has reiterated its confidence in Adani group companies amid an indictment of the Indian group's promoters in an alleged bribery case in the US
Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here's why
American investment firm GQG Partners decided not to sell shares of Adani Group companies, stating that the exposure was manageable even during stock market volatility. The firm does not feel the US securities regulator's claims will have any material impact on the group.
GQG Partners refuses to sell Adani stocks after bribery scandal
GQG Partners downplayed the impact of the $265 million US bribery scandal on Adani Group, stating their investment thesis remains unchanged. With a $9.7 billion exposure, representing 6.1% of their assets,
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GQG Partners' Steadfast Support Amid Adani Controversy
Boutique investment firm GQG Partners has expressed confidence in the Adani group despite recent bribery allegations against ...
GQG doubles down on Adani amid $265 million bribery allegations, says fundamentals are strong
The scandal centers on Adani Green Energy, but GQG was quick to clarify the charges target individuals, not the company or ...
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG) Receives a Buy from Goldman Sachs
In a report released on November 22, Julian Braganza from Goldman Sachs maintained a Buy rating on GQG Partners, Inc. Shs Chess Depository ...
Why GQG, Novonix, Silex, and Vulcan Energy shares are sinking today
These shares are having a tough time on hump day. But why? The post Why GQG, Novonix, Silex, and Vulcan Energy shares are sinking today appeared first on The Motley Fool Australia.
GQG confident of Govt. backing for group, inaction by regulators
Florida-headquartered investment firm GQG Partners, that bought significant stakes in seven Adani group listed firms in the aftermath of the Hindenburg Research allegations against the group last year ...