buy back of shares

Corporate & Other Laws

what is the difference between buying back of shares from open market and from existing share holders ?

Neha Kaliraman

CA Inter

★ 3K+

02-Mar-22 14:32

685

Answers (2)

Best Answer

When it is from existing shareholders, it has to be proportionate from all via tender offer. Like you make offer to all shareholders in some ratio. When it's open market - company can directly purchase fom stock exchange or via book building process.

Sahibdeep Singh

CA Inter

★ 14K+

02-Mar-22 14:44

Sahibdeep Singh

Understood the difference tq sir

Harish G

CA Inter

★ 2K+

24-Mar-22 12:52