What is Share Buyback? What are the benefits to investors? Should the offer be availed or not?
When a company has excess cash, it offers a share buyback option to the company's investors to give them more value for their investment. Under which the company buys back its company's shares from the market by offering a fixed amount.
A share buyback reduces the equity capital of the company. Shares bought back from the market stand are cancelled. Buyback shares cannot be reissued. Due to the decrease in equity capital, the company's earnings per share i.e. EPS increases. Stocks get a better P/E from buybacks.
Tcs :
TCS has announced a buyback offer for shares. The record date for this has been announced as 23rd February. That is, till February 23, those who have TCS shares in their demat account can tender for their share buyback offer. Along with this announcement, many investors, including TCS shareholders, may have wondered what this buyback is all about? How to participate in it? Should shares be tendered for buyback or not? Buyback in simple language can be said that the company buys back the shares from the shareholders.
What is the buy back price of Bajaj Auto 2024?
Rs ₹10000 per share
The Bajaj Auto Buyback 2024 is being offered at Rs ₹10000 per share per equity share.
How do I participate in buyback?
apply via the tender form provided by one's company and consider parameters like the record date, and the price at which the share will be fixed for its buyback.
Bajaj Auto Share Price :
Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s. Bajaj Auto is the world's third-largest manufacturer of motorcycles