In 2024, 48 companies repurchased shares worth Rs 13,423 crore, compared to Rs 48,079 crore spent on share buybacks by the same number of companies in 2023
By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal position
Share buyback tax: A sharp rise (in share buyback quantum), analysts said, can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1
Dividend, share-buyback today: The ex-date is when a stock begins trading without the entitlement to dividends, bonus shares, or buyback offers, as the case may be
The buyback of the small number of non-promoter shares is effectively a clean-up of the shareholding before any eventual IPO of the retail venture, JPMorgan Chase & Co. said in a note