Buy back of shares

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166 Points Posted on 05 September 2020
what is the meaning of buy back of shares???
pls give an overview of this
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On 05 September 2020 at 11:15 Report
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A share buyback, also known as a share repurchase, occurs when a company purchases its own shares from the open market or directly from shareholders. Companies typically do this when they have surplus cash. This action can impact dividend distributions and is governed by specific legal provisions, such as Section 68 of the Companies Act 2013.

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student
114 Points Posted on 05 September 2020
When the company has excess cash in hand it buys back its share from its existing shareholders
which allows it to cut it's divided distribution.
how much it can buy
criteria to fulfill before it buys
are some of the areas to look into before buying back
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On 05 September 2020 at 13:35
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132 Points Posted on 08 September 2020
Company purchases its own share from the market, it is called Buy back of shares, illustrative provision in section 68 of companies act 2013
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On 08 September 2020 at 02:27

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