what is a buy back?

prst

Well-Known Member
#1
Hi all,

what is a buy back by company and what is its effect on the company shares?
will it mean that the company will buy back only a percentage of shares?
if so how do they decide which shareholders are eligible for the buy back?
other shareholders, whose shares were not bought back would suffer right?


regaring piramal, the stock was rocketing on the news of buy back, but suddenly started tumbling since yesterday. what could be the reason for same?
 

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