buyback vs sec 66 in reduction of share capital through excess amount return to shareholder
thank you in advance😊
Menu
Diffrence between sec 66 vs buyback
Replies (1)
Section 66 is about Reduction of capital. whereas buy back is Stock buybacks refer to the repurchasing of shares of stock by the company that issued them. A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors.
Read more at: https://www.caclubindia.com/forum/diffrence-between-sec-66-vs-buyback-558622.asp
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
