Upcoming Share Buyback 2024, New Current Buyback of Shares in India

When you’re part of a buyback as a shareholder, you might get a tender offer. That means you have to give back some or all of your shares within a certain time. Companies buy back shares either gradually from the market or at regular times. They usually use cash they have or borrow money to fund the buyback.

Upcoming Buyback of Shares in 2024 & Current Buyback Share in India

Here is the list of Upcoming Buyback 2024 offers. Stay tuned for the latest Buyback of shares offer and stay invested in the primary market. Read More About IPO GMP or Grey Market Premium

Company NameRecord DateOpenClosePrice
Ladderup FinanceSept 6, 2024TBATBA₹44
Aarti DrugsSept 5, 2024TBATBA₹900
Transport Corporation Of IndiaSept 4, 2024TBATBA₹1200
Nucleus SoftwareSept 3, 2024TBATBA₹1615
Indian Toners and DevelopersAug 30, 2024TBATBA₹450
WeizmannAug 30, 2024TBATBA₹160
Suprajit EngineeringAug 27, 2024TBATBA₹750
Technocraft IndustriesAug 27, 2024TBATBA₹4500
KDDLAug 27, 2024TBATBA₹3700
VLS FinanceAug 26, 2024TBATBA₹380
Mayur UniquotersAug 23, 2024TBATBA₹800
SymphonyAug 21, 2024TBATBA₹2500
AIA EngineeringAug 20, 2024TBATBA₹5000
Chaman Lal Setia ExportsAug 19, 2024TBATBA₹300
CERA SanitarywareAug 16, 2024TBATBA₹12000
Savita Oil TechnologiesAug 16, 2024TBATBA₹675
Dhanuka AgritechAug 16, 2024TBATBA₹2000
TTK PrestigeAug 14, 2024TBATBA₹1200
Navneet EducationAug 13, 2024TBATBA₹200
Indus TowersAug 9, 2024TBATBA₹465
Welspun LivingAug 5, 20249 Aug, 202416 Aug, 2024₹220
Aurobindo Pharma30 July, 2024TBATBA₹1460
eClerx Services4 July, 20249 July, 202415 July, 2024₹2800
Bajaj Consumer2 July, 20249 July, 202415 July, 2024₹290
Godawari Power & Ispat28 June, 2024TBATBA₹301
Cheviot Company14 June, 202421 June, 202427 June, 2024₹1800
Ajanta Pharma30 May, 2024TBATBA₹2771
Tips Industries22 April, 202426 April, 20243 May, 2024₹625
Anand Rathi12 April, 2024TBATBA₹4450
Freshtrop Fruits2 April, 20248 April, 202415 April, 2024₹175
Dwarikesh Sugar Industries20 Mar, 202426 Mar, 20242 April, 2024₹105
Bajaj Auto29 Feb, 20246 Mar, 202413 Mar, 2024₹10,000
Garware Technical12 Mar, 202418 Mar, 202425 Mar, 2024₹3800
Shervani Industrial7 Mar, 202413 Mar, 202420 Mar, 2024₹510
Zydus Lifesciences23 Feb, 2024TBATBA₹1,005
Kaveri Seed23 Feb, 2024TBATBA₹725
Orbit Exports13 Feb, 2024TBATBA₹250
Arnold Holdings25 Jan, 20241 Feb, 20247 Feb, 2024₹21
Rajoo Engineers31 Jan, 20246 Feb, 202412 Feb, 2024₹210
Chambal Fertilisers18 Jan, 202424 Jan, 202431 Jan, 2024₹450
Dhampur Sugar Mills17 Jan, 202423 Jan, 202430 Jan, 2024₹300
Elegant Marbles5 Jan, 202411 Jan, 202417 Jan, 2024₹385
Atul Buyback 2023N/ANov 21, 2023Feb 23, 2024₹7,500

What is the Buyback of a Stock?

A share buyback happens when a company decides to buy back its shares from the stock market. This reduces the number of available shares for investors.

Companies do this for various reasons. One big reason is to make the remaining shares more valuable. When there are fewer shares out there, each one becomes more valuable. So, it’s like the company is controlling its stock market presence by buying back its shares.

How does Buyback work?

Let’s understand the Buyback of stock in simple six steps…

  1. Decision: The company’s management decides that it wants to buy back some of its own shares. They might do this for various reasons, like boosting the value of remaining shares or using excess cash.
  2. Announcement: The company announces its intention to buy back shares publicly. This can affect the stock price, as investors may see it as a positive signal about the company’s prospects.
  3. Execution: The company starts buying back shares on the open market. It can do this through various methods, such as purchasing shares through a broker or a tender offer directly to shareholders.
  4. Payment: When the company buys back shares, it pays the shareholders the market price for those shares. This can provide shareholders with a cash return on their investment if they choose to sell their shares back to the company.
  5. Reduction of Shares: The bought-back shares are typically retired, meaning they are no longer outstanding. This reduces the total number of shares available in the market.
  6. Impact: With fewer shares available, the earnings per share (EPS) and other metrics can improve, potentially making the remaining shares more valuable. However, the impact on the stock price can vary depending on market conditions and investor sentiment.

Why do Companies go for Share Buyback?

The investors can participate in the buyback offer till the window is open. Generally, the company gives a higher value of the share in the buyback. Let’s see one of the share buyback examples here: If ABC Limited is coming up with a buyback offer, they will make an offer at a price of Rs.1000 against the current price of Rs.600. So basically the investors will get the Rs.400 premium against the holding price. Investors who do not have the stocks in their Demat can buy it before the record date set by the company. Top Upcoming IPO and Subscription Status

Reasons Why Companies Go For Buyback Offers.

  • They want to reduce the number of shares in the open market.
  • The company feels that the share price is undervalued.
  • To improve the Company’s Shareholder values.
  • To Boost share price in the open market.
  • The company has Additional Cash in Hand.

Example of Buyback

Suppose ABC Limited is planning a buyback offer, proposing a price of Rs.1200, compared to the current market price of Rs.600. This means investors could receive a premium of Rs.600 per share over their holding price. Those who don’t already have the stocks in their Demat accounts can purchase them before the company’s set record date.

For reference see the list of upcoming buyback stocks.

FAQs of Buyback

What is a share buyback?

Why do companies engage in share buybacks?

How does a share buyback affect shareholders?

Share buybacks can benefit shareholders by potentially increasing the value of remaining shares through reduced supply. Additionally, shareholders who sell their shares back to the company during a buyback may receive a cash payment.

Are there any drawbacks to share buybacks?

Critics argue that share buybacks can sometimes be used to artificially inflate stock prices or benefit company executives with stock-based compensation, potentially at the expense of long-term investment in areas such as research and development or capital expenditures.

What is entitlement ratio in buybacks?

Entitlement ratio simply define the minimum ratio of shares that a company would need to purchase from its shareholders. For example, an entitlement ratio of 5/51 means that the company would purchase at least 5 shares from a shareholder who owns 51 shares. Nevertheless, the company may end up purchasing more shares from such shareholders if other investors don’t tender their shares.

What is record date in share buybacks?

Record date defines an investor’s eligibility to participate in a share buyback. If an investor wants to participate in a buyback, s/he needs to have the shares in his/her demat account as on the record date.

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