Share Buyback
Recently, the parent company of Paytm has decided on a proposal for buyback of its shares.
About Share buyback
- Share buyback is when a listed company buys its own shares from the existing shareholders.
- Share buyback is also called as share repurchase.
- The process reduces the number of outstanding shares in the open market over a period of time.
- A company can buy back its shares from shareholders in 2 ways
- Through a tender offer on a proportionate basis or
- From the open market via book-building process, stock exchanges, or from the odd-lot holders.
- The maximum limit of any buy-back is 25% or less of the ....
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