BuyBack 2021

Buyback of shares is the repurchasing of own shares by a company. In simple words, buyback is nothing but a company buying back its shares from the existing shareholders. A company can announce a buyback offer either through a tender offer or through the open market or from odd-lot holders. The buyback offer price is usually higher than the market price.

In the case of a tender offer, the existing shareholders as on a record date can opt to accept the offer and tender their shares in exchange for cash offered by the company as per the prescribed buyback ratio.

In the case of an open market offer, any Equity shareholder of the company can participate in the buyback offer through their stockbroker till the buyback window is open.

The buyback offer benefits the shareholders as it helps improve the shareholder value, increase return on share capital, and fetches a premium price. However, one should study the company's performance and understand one's need and risk appetite to decide whether one wants to stay invested or offer the shares in buyback.

BuyBack Offers 2021

Company Name Issue Open Issue Close Buyback Type BuyBack price (Per Share) Issue Size - Shares (Cr) Issue Size - Amount (Cr)
Indian Toners & Developers LimitedMar 04, 2021Mar 18, 2021Tender Offer1600.2310
Gail (India) LimitedFeb 25, 2021Mar 10, 2021Tender Offer1506.9810
National Aluminium Company LimitedFeb 25, 2021Mar 10, 2021Tender Offer57.51010
Neelamalai Agro Industries LimitedFeb 24, 2021Mar 09, 2021Tender Offer160004.06
VRL Logistics LimitedFeb 17, 2021Aug 16, 2021Open Market Through Stock Exchange30010
The Anup Engineering LimitedFeb 24, 2021Aug 23, 2021Open Market Through Stock Exchange80010
Atul LimitedFeb 10, 2021Aug 09, 2021Open Market Through Stock Exchange725010
Freshtrop Fruits LimitedFeb 10, 2021Aug 09, 2021Open Market Through Stock Exchange906.75
Archidply Industries LimitedFeb 10, 2021Feb 24, 2021Tender Offer370.228.14
Industrial and Prudential Investment Company LimitedFeb 04, 2021Feb 17, 2021Tender Offer12000.018.34
Jullundur Motor Agency (Delhi) LimitedJan 25, 2021Feb 08, 2021Tender Offer360.7510
Engineers India LimitedJan 22, 2021Feb 05, 2021Tender Offer846.9910
Garware Technical Fibres LtdJan 19, 2021Feb 02, 2021Tender Offer23000.0310
  1. Participation in a buyback offer is voluntary.
  2. To be eligible to participate in the tender offer, one must be a shareholder of the company as of the record date.
  3. The eligible shareholders can tender for additional equity shares in the tender offer. The acceptance of the additional shares will depend on the number of shares left for the buyback.
  4. The buyback is open for all shareholders holding Equity shares in Demat form or physical share certificates.
  5. The buyback offer period depends on the type of buyback.
    • The tender offer for buyback shall remain open for ten working days.
    • The open market offer through the stock exchange mechanism shall remain open for a maximum period of six months.
    • The open market offer through the book-building process shall remain open for a minimum period of fifteen days and a maximum period of thirty days.

6 Comments

Manoj Kriplani
6. Manoj Kriplani  Feb 15, 2021 19:01 I Like It. | Report Abuse Reply 0
Please I need to know about buyback offer dates for Indian toners and NIIT
Girish prasad
6.1. Girish prasad  Feb 22, 2021 00:02 I Like It. | Report Abuse 0
Indian toner till not declared. Niit RD is 24 feb 2021 .buy till 22feb 2021.
arunARUN
5. arunARUN  Feb 19, 2021 19:06 I Like It. | Report Abuse Reply 0
More important is ex date. People should not buy on or after exdate for participating in buyback offer
Manoj Kriplani
4. Manoj Kriplani  Feb 15, 2021 19:03 I Like It. | Report Abuse Reply 0
Please I need to know about buyback offer dates for Indian toners and NIIT
Pramod Kumar Sharma
3. Pramod Kumar Sharma  Feb 15, 2021 16:26 I Like It. | Report Abuse Reply 0
Please tell BUY BACK date of NALCO share.
SARITA S
2. SARITA S  Feb 13, 2021 14:25 I Like It. | Report Abuse Reply 0
Dear Admin,
Pls open buyback page for NALCO & NIIT.
Ashok
1. Ashok  Feb 10, 2021 10:38 I Like It. | Report Abuse Reply 0
Buy back








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