SEBI clears return of open-market share buybacks
Synopsis Securities and Exchange Board of India (SEBI) has given the green light to reintroduce open market buybacks for companies, effective August 1. This new
Synopsis Securities and Exchange Board of India (SEBI) has given the green light to reintroduce open market buybacks for companies, effective August 1. This new route allows firms to repurchase shares directly from stock exchanges, a mechanism previously discontinued. The move aims to offer a more efficient and equitable way for companies to return capital to shareholders, complementing existing tender offer methods.
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