What is Buy-Back?

What is Buy-Back?

A buyback is an offer made by a company to its existing shareholders to repurchase its own shares (or securities convertible into shares).

When shares are bought back, the total number of outstanding shares reduces.
    • Related Articles

    • How to apply for Buy Back online ?

      Login to our website https://markets.iiflcapital.com/home >> Explore>> More>>Offer to Buy (OTB) (Please Note: The POA has to be updated in your demat and trading account with IIFL Capital Services Ltd).
    • What are the types of corporate actions?

      The different types of corporate actions announced by a company are: Rights issue Dividend Stock Split Conversion of debentures into shares Amalgamation Merger Demerger Capital reduction / Consolidation of shares Buy Back Bonus Open Offer
    • How to switch back to trading account?

      To switch back to the Trading Account, go to Profile → Fund Source (TSBM) and select the option to switch from UPI Mandate (TSBM) to Trading Account.
    • In which type of cases margin shortfall and consequent penalty will arise?

      In the following scenarios margin shortfall may arise and margin shortfall penalty will be applicable: Margins increased by exchange during the day or EOD Wound-up/ Square off one leg of position in hedge positions Buy back of sold holding shares on ...
    • How do I Buy a Growbox Basket?

      To invest in a Grobox sign in with IIFL credentials. When you buy/sell a Grobox basket, the stocks/ETFs featuring in it will be credited or debited to your account. The minimum investment amount may vary depending on the stocks or ETF that make up ...