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Why buyback 20?
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)
Quick Summary
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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