Why buyback 20?

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although act allowed upto 25% of buyback of shares than why most of the companies buyback their shares upto 20%. Is there any catch?
Replies (6)
But 10% maximum is allowed
Sourav go through the provisions please.

Its nothing like maximum companies do 20%. WE have seen many companies doing 10% and 25% also.

Yes 10% is also mentioned in provisions

Exactly, 1-25% any percent can be buy back as per choice of company.

Yes ...


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