what is the meaning of buy back of shares???
pls give an overview of this
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Buy back of shares
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Quick Summary
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
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
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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