#StrategicMove
MakeMyTrip's $3 Billion Buyback Aims to Cut Trip.com Stake Below 20%
Sarfraz Khan
3 minutes read
MakeMyTrip is reportedly planning a colossal $3 billion share buyback! This unprecedented move is poised to drastically cut down Trip.com's stake in India's leading online travel major to less than 20%. Such a massive capital return signals strong financial health and a strategic re-evaluation of ownership, fundamentally reshaping MMT's future in the booming travel sector.