BSE Buyback Buy back shares – 45,93,137 Retail 15% quota shares – 6,88,971 No of share holders < 2 Lakh – 4,52,353 and no of shares held by them are 6, 07, 99, 312 ER = 6,88,971/6,07,99,312 =1.33% Is it really beneficial buyback????
The data given in shareholding pattern is for equity capital of less than 2 lacs. Since face value of BSE is Rs 2 , it indicates shareholders upto 100000 shares. Retail investor in buyback i.e. less then 2 lacs value will be much lesser.
Collected from below link for no of share holders below 2 lakh https://trendlyne.com/equity/share-holding/52884/BSE/latest/bse-ltd/#public-non-institutional-holding
Buy back shares – 45,93,137
Retail 15% quota shares – 6,88,971
No of share holders < 2 Lakh – 4,52,353 and no of shares held by them are 6, 07, 99, 312
ER = 6,88,971/6,07,99,312 =1.33%
Is it really beneficial buyback????