Share Buyback means company buys their own shares from the market when they want to reduce their number of shares available in open market. There might be multiple reasons company offer buyback schemes. The company buyback reasons includes:
1. They want to reduce number of shares in open market.
2. Company feels that the share price is undervalued.
3. To improve Company's Shareholder values.
4. To Boost share price in open market.
5. Company has Additional Cash in Hand.
To be a part of buyback shareholder might be presented with a tender offer when he or she need to submit all or a portion of the shares within given time frame. Companies repurchase the shares from open market and over the time frame at a certain times or with regular intervals. Company buyback shares with cash in hand or can fund buyback by taking debt as well.
Checkout latest share buyback in 2018 with buyback price and record date. L&T buyback of 9000 crore announced in August 2018 with other companies buyback like HCL Tech buyback of 4000 crore and TCS buyback of 16000 crore.
1. They want to reduce number of shares in open market.
2. Company feels that the share price is undervalued.
3. To improve Company's Shareholder values.
4. To Boost share price in open market.
5. Company has Additional Cash in Hand.
To be a part of buyback shareholder might be presented with a tender offer when he or she need to submit all or a portion of the shares within given time frame. Companies repurchase the shares from open market and over the time frame at a certain times or with regular intervals. Company buyback shares with cash in hand or can fund buyback by taking debt as well.
Checkout latest share buyback in 2018 with buyback price and record date. L&T buyback of 9000 crore announced in August 2018 with other companies buyback like HCL Tech buyback of 4000 crore and TCS buyback of 16000 crore.
| Company | Buyback Price | Meeting Date | Record Date |
| R Systems Int. | 65 | 15 Jan 19 | 01 Feb 19 |
| Infosys Buyback | 800 | 11 Jan 19 | 25 Jan 19 |
| NMDC Buyback | 98 | 08 Jan 19 | 18 Jan 19 |
| Sealon Exploration | 300 | 27 Dec 18 | - |
| Shanthi Gears | 140 | 26 Dec 18 | - |
| ONGC Buyback | 159 | 20 Dec 18 | 04 Jan 19 |
| IEX | 185 | 20 Dec 18 | - |
| Techno Electric | 410 | 13 Dec 18 | 03 Jan 19 |
| IOC | 149 | 13 Dec 18 | 25 Dec 18 |
| Monte Carlo Fashion | 550 | 30 Nov 18 | - |
| HEG Ltd | 5500 | 26 Nov 18 | - |
| Oil India | 215 | 19 Nov 18 | 03 Dec 18 |
| Tata Investment | 1000 | 16 Nov 18 | - |
| NHPC Limited | 28 | 14 Nov 18 | 30 Nov 18 |
| Dhanuka Agritech | 550 | 14 Nov 18 | - |
| KG Denim | 40 | 14 Nov 18 | 30 Nov 18 |
| Bosch Limited | 21000 | 5 Nov 18 | - |
| Natco Pharma | 1000 | 5 Nov 18 | - |
| Triveni Turbine | 150 | 1 Nov 18 | - |
| Orient Carbon | 1150 | 1 Nov 18 | - |
| BHEL | 86 | 25 Oct 18 | 6 Nov 18 |
| SKF India | 2100 | 24 Oct 18 | - |
| Lakshmi Machine | 6000 | 22 Oct 18 | - |
| Cochin Shipyard | 455 | 16 Oct 18 | 31 Oct 18 |
| NALCO | 75 | 12 Oct 18 | 28 Oct 18 |
| NLC India | 88 | 9 Oct 18 | 24 Oct 18 |
| TD Power | 256 | 26 Sep 18 | - |
| KIOCL Limited | 170 | 18 Sep 18 | 1 Oct 18 |
| Redington (India) | 125 | 17 Sep 18 | 28 Sep 18 |
| J.B. Chemicals | 390 | 31 Aug 18 | 12 Sep 18 |
| L&T Limited | 1500 | 23 Aug 18 | 15 Oct 18 |
| Navneet Edu. | 160 | 20 Aug 18 | 31 Aug 18 |
| ICRA Ltd | 3800 | 09 Aug 18 | - |
| Mphasis | 1350 | 07 Aug 18 | 25 Oct 18 |
| Thyrocare | 730 | 04 Aug 18 | - |
| Music Broadcast | 385 | 24 Jul 18 | - |
| Just Dial | 800 | 21 Jul 18 | 12 Oct 18 |
| HCL Tech | 1100 | 12 Jul 18 | 31 Aug 18 |
| DCM Shriram | 450 | 18 Jun 18 | 04 Jul 18 |
| TCS | 2100 | 12 Jun 18 | 18 Aug 18 |
lt record date kab hain.........
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