To reduce the share capital of the Company. Regulatory Framework for Buyback of Shares The legal provisions regulating the buyback of shares are as follows: Section 68, 69, and 70 of the Companies Act, 2013; Rule 17 of the Companies (Share Capital and Debenture) Rules, 2014; ...
The provisions regulating buy back of shares are contained in Section 77A, 77AA and 77B of the Companies Act, 1956. These were inserted by the Companies (Amendment) Act, 1999. The Securities and Exchange Board of India (SEBI) framed the SEBI(Buy Back of Securities) Regulations,1999 and ...
A Study of Buyback of Shares as a Restructuring Tool: Reference to the Indian Companies Act The term corporate restructuring is coined to elaborate the process of rearranging the sources of funds by the management to achieve the desired goal of th... H Vyas,P R. K. - 《Social Science El...
1.An act of buying something that one previously sold or owned. 2.The repurchase of stock by the company that issued it, as to reduce holdings of a single investor or increase the value of shares by reducing their number. American Heritage® Dictionary of the English Language, Fifth Editio...
Companies have several goals when they decide to do a share repurchase or buyback:1 An increase inequity value A boost in the company's financial position Consolidationof its ownership Because a share repurchase reduces the number of shares outstanding, it increasesearnings per share(EPS). A high...
Therefore, undervaluation, surplus cash, and leverage are considered the primary triggers of stock repurchases. These factors often drive companies to repurchase shares as a way to signal confidence to the market, efficiently allocate excess resources, or adjust their capital structure to achieve an ...
A buyback is a repurchase of outstanding stock shares by a company to reduce the number of shares on the market and increase the value of the remaining shares.
Resolution on the authorization to buy back shares in accordance with Section 71(1) No. 8 of the German Stock Corporation Act and to put them to further use with the possibility of excluding shareholders’ subscription rights, including the authorization to redeem bought-back shares and reduce ca...
Google Share on Facebook Dictionary Legal Financial Related to buyback:stock buyback Graphic Thesaurus🔍 DisplayON AnimationON Legend Synonym Antonym Related </>embed</> purchase redemption repurchase buyback noun Synonyms for buyback nounthe act of purchasing back something previously sold ...
Further loosening the restrictions, the revised law allows companies to buy back shares if they use them to issue convertible bonds or when the companies act to defend their corporate values and shareholders' interests.