Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

List of Current & Upcoming Buybacks in India in 2024

Here is a list of companies which have announced a share buyback. This corporate event could offer clues about promoters' actions and the value of the stock.

CompanyAnnouncement date
NUCLEUS SOFTWARE
Aug 27, 2024
WEIZMANN.
Aug 22, 2024
INDIAN TONERS
Aug 22, 2024
SUPRAJIT ENGINEERING
Aug 19, 2024
VLS FINANCE
Aug 13, 2024
CERA SANITARY
Aug 12, 2024
INDUS TOWERS
Aug 12, 2024
MAYUR UNIQUOTERS
Aug 12, 2024
AIA ENGINEERING
Aug 9, 2024
SYMPHONY
Aug 8, 2024
DHANUKA AGRITECH
Aug 6, 2024
SAVITA OIL
Aug 6, 2024
TTK PRESTIGE
Aug 6, 2024
NAVNEET EDUCATION
Aug 5, 2024
AUROBINDO PHARMA
Jul 30, 2024
WELSPUN LIVING
Jul 25, 2024
ECLERX SERVICES
Jun 25, 2024
BAJAJ CONSUMER CARE
Jun 21, 2024
GODAWARI POWER
Jun 19, 2024
ANAND RATHI WEALTH
May 28, 2024
CHEVIOT CO.
May 28, 2024
SHARDA MOTOR
May 28, 2024
AJANTA PHARMA
May 6, 2024
TIPS IND.
Apr 19, 2024
FRESHTROP FR
Mar 21, 2024
GARWARE TECHNICAL
Mar 12, 2024
DWARIKESH SUGAR
Mar 12, 2024
SHERVANI IND.
Feb 27, 2024
BAJAJ AUTO
Feb 20, 2024
ZYDUS LIFESCIENCES
Feb 15, 2024
KAVERI SEED
Feb 13, 2024
ORBIT EXPORTS
Feb 5, 2024
RAJOO ENGIN.
Jan 23, 2024
ARNOLD HOLDINGS
Jan 17, 2024
CHAMBAL FERTILISERS
Jan 10, 2024
DHAMPUR SUGAR MILLS
Jan 5, 2024




FAQs

What is a buyback?

Buyback of shares is a process where a company buys back its own shares from investors.

The result of the whole buyback process is that the number of shares outstanding for the company is brought down.

After the company purchases its own shares, it often cancels them or keeps them as treasury shares. Treasury shares are the shares that may have come from a buyback or may have never been issued to the public in the first place.

Why do companies opt for buyback?

A primary reason companies opt for buyback is because they have too much cash on their books and very low investment.

Another reason for conducting a buyback is to improve valuations. When a company buys back shares, it results in reduction of the number of shares outstanding. In result, this improves the earnings per share (EPS) and return on equity.

Buybacks are also a more tax-effective form for rewarding shareholders rather than dividends.

What should investors do when companies opt for buyback?

Investors can tender their shares in a buyback if the offer is made at a much higher price than the current price. This becomes a tempting proposition.

However, long term investors should focus on the company's moat and the underlying fundamentals.

Since buybacks interest you, check out this video where we list out 14 stocks to keep in your watchlist.



Today's Market

Sensex Today Falls 809 Points | Nifty Holds Above 25,000 | M&M, Bajaj Finance, Asian Paints Top Losers Sensex Today Falls 809 Points | Nifty Holds Above 25,000 | M&M, Bajaj Finance, Asian Paints Top Losers(Closing)

It was indeed a volatile trading session for Indian investors and traders today.

PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.