URL copied to clipboard

Upcoming Buyback Of Shares 2024  

In 2024, several prominent companies are offering share buybacks, allowing shareholders to sell shares back at attractive prices. This reduces outstanding shares, potentially increasing the value of remaining shares and improving financial metrics.
Upcoming Buyback Of Shares 2024

The upcoming share buybacks in 2024 feature prominent companies including KDDL Limited and Aurobindo Pharma Limited. These buybacks offer shareholders an opportunity to sell their shares back to the company at attractive prices, potentially benefiting from immediate gains and improved financial ratios.

What Is Buyback Of Shares?

A share buyback involves a company purchasing its own stock from the market, using its available cash reserves. This reduces the total number of outstanding shares, potentially raising the value of remaining shares and improving financial metrics.

List Of Buyback Of Shares In India 2024 

Here is a table showcasing the list of share buybacks:

Company NameIssue OpenIssue CloseBuyback TypeBuyBack price (Per Share)Issue Size – Shares (Cr)
Matrimony.com LimitedN/AN/ATender Offer102572.00
Insecticides (India) LimitedSep 11, 2024Sep 18, 2024Tender Offer10000.05
Jai Corp LimitedSep 13, 2024Sep 20, 2024Tender Offer400117.78
Arex Industries LimitedSep 12, 2024Sep 19, 2024Tender Offer1950.04
Ladderup Finance LimitedSep 11, 2024Sep 18, 2024Tender Offer440.25
Weizmann LimitedSep 5, 2024Sep 11, 2024Tender Offer1600.04
Indian Toners & Developers LimitedSep 5, 2024Sep 11, 2024Tender Offer4500.05
Aarti Drugs LimitedSep 11, 2024Sep 18, 2024Tender Offer9000.07
Transport Corporation Of India LimitedSep 10, 2024Sep 17, 2024Tender Offer12000.13
Nucleus Software Exports LimitedSep 09, 2024Sep 13, 2024Tender Offer16150.04
KDDL LtdSep 2, 2024Sep 6, 2024Tender Offer37000.02
Technocraft Industries (india) LimitedSep 2, 2024Sep 6, 2024Tender Offer45000.03
Suprajit Engineering LimitedSep 2, 2024Sep 6, 2024Tender Offer7500.15
Vls Finance LimitedAug 30, 2024Sep 5, 2024Tender Offer3800.33
Mayur Uniquoters LimitedAug 29, 2024Sep 4, 2024Tender Offer8000.05
Symphony LimitedAug 27, 2024Sep 02, 2024Tender Offer25000.03
TTK Prestige LimitedAug 21, 2024Aug 27, 2024Tender Offer2000.17
Navneet Education LimitedAug 20, 2024Aug 26, 2024Tender Offer2000.5
Aia Engineering LimitedAug 26, 2024Aug 30, 2024Tender Offer50000.1
Chaman Lal Setia Exports LimitedAug 23, 2024Aug 29, 2024Tender Offer3000.2
Dhanuka Agritech LimitedAug 22, 2024Aug 28, 2024Tender Offer20000.05
Savita Oil Technologies LimitedAug 22, 2024Aug 28, 2024Tender Offer6750.05
CERA Sanitaryware LimitedAug 22, 2024Aug 28, 2024Tender Offer120000.01
Welspun Living LimitedAug 09, 2024Aug 16, 2024Tender Offer2201.27
Indus Towers LimitedAug 14, 2024Aug 21, 2024Tender Offer4655.68
Aurobindo Pharma LimitedAug 5, 2024Aug 9, 2024Tender Offer14600.51
eClerx ServicesJul 09, 2024Jul 15, 2024Tender Offer28000.14
Bajaj Consumer Care LimitedJul 05, 2024Jul 11, 2024Tender Offer2900.57
Godawari Power & Ispat LimitedJul 04, 2024Jul 10, 2024Tender Offer27700.1
Cheviot Company LimitedJun 20, 2024Jun 26, 2024Tender Offer18000.02
Sharda Motor Industries LimitedJun 11, 2024Jun 18, 2024Tender Offer18000.1
Anand Rathi Wealth LimitedJun 07, 2024Jun 13, 2024Tender Offer44500.04

Introduction of Buyback Of Shares

Matrimony.com Limited

Matrimony.com Limited provides online matchmaking services via web portals, mobile platforms, and an on-the-ground network in India. It also offers wedding-related services, including WeddingBazaar, MatrimonyMandap, and photography, with revenue from memberships, matrimonial services, and online advertising.

Insecticides (India) Limited

Insecticides India Limited (IILTD) specializes in the production and distribution of crop protection solutions and household pesticide formulations. Their extensive product lineup features over 80 varieties, including insecticides, fungicides, weed killers, herbicides, and plant growth regulators for various crops, along with household pesticides. 

Jai Corp Limited

Jai Corp Limited is a diversified company engaged in various sectors including steel, plastic processing, and real estate. The company has a strong presence in infrastructure development and manufacturing, contributing to India’s industrial growth.

Arex Industries Limited

Arex Industries Limited specializes in manufacturing high-quality woven labels and badges, catering to the garment and textile industry. The company is recognized for its commitment to innovation and delivering superior products to its clients.

Ladderup Finance Limited

Ladderup Finance Limited offers financial services, including investment banking, wealth management, and advisory services. The company is dedicated to helping clients achieve their financial goals with tailored solutions and expert guidance.

Aarti Drugs Limited

Aarti Drugs Limited is a prominent pharmaceutical company engaged in the production of active pharmaceutical ingredients (APIs) and specialty chemicals. The company is committed to maintaining high standards of quality and innovation in healthcare.

How Does The Buyback Of Shares Work?

A share buyback involves a company purchasing its own stock from the market, using its available cash reserves. This reduces the total number of outstanding shares, potentially raising the value of remaining shares and improving financial metrics.

Buyback Of Shares FAQs 

1. What do you mean by buyback of shares?

A buyback of shares is a corporate action where a company purchases its own outstanding shares from the marketplace, reducing the number of shares available and potentially increasing the value of remaining shares.

2. What Are The Benefits Of Share Buybacks?

The main benefits of share buybacks include enhancing shareholder value by increasing earnings per share, improving financial ratios, supporting stock prices, and signaling robust company health.They offer a tax-efficient method to return funds to shareholders compared to dividends.

3. How Does Buyback Of Shares Work In India?

In India, share buybacks are conducted under SEBI guidelines, either through the open market or a tender offer. Companies allocate funds to repurchase shares, aiming to reduce the outstanding share count and potentially increase the stock value.

4. What Happens To Share Price After Buyback? 

After a share buyback, the share price may increase due to the reduced supply of shares and the perception of corporate confidence. However, the actual impact can vary based on market conditions and investor sentiment.

5. What Are The Disadvantages Of Buyback Of Shares?

The main disadvantage of share buybacks is that they utilize cash reserves that could be invested in business growth or innovation. Additionally, they can artificially inflate share prices, misleading about a company’s true financial state, and may prioritize immediate shareholder returns over long-term strategic investments.

Loading
Read More News
म्यूचुअल फंड्स ने अगस्त में ₹6,900 करोड़ के निवेश के साथ रिकॉर्ड आईपीओ वृद्धि को बढ़ावा दिया।

म्यूचुअल फंड्स ने अगस्त में ₹6,900 करोड़ के निवेश के साथ रिकॉर्ड आईपीओ वृद्धि को बढ़ावा दिया।

म्यूचुअल फंड्स ने अगस्त में आठ IPO में ₹6,900 करोड़ का निवेश किया, जब प्रमुख प्राइमरी मार्केट के दौरान 10