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Redemption of preference shares and buyback of equity shares

Accountancy

Instead of the redemption and buyback of preference and equity shares,like in the case of redemption of debentures,can the company buy those shares in the market ?

Paidala Harish

CA Inter

★ 2K+

16-Feb-21 10:51

254

Answers (1)

Even if they buy from market, it would be treated as buyback.

CA Suraj Lakhotia

Admin

16-Feb-21 11:31

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Redemption of preference shares and buyback of equity shares

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