Buyback

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  • Buybacks are very interesting activities. It’s when a company decides to buy some of its listed shares back from stock market investors.

    Often, buybacks can offer many short-term investment opportunities. This is because companies usually announce a buyback at a price higher than the existing market price. So, many short-term investors look to buy the shares of the company at the lower market price and submit them in the company’s buyback.

    Here’s the latest upcoming Buyback:

    • Company: Mphasis
    • Buyback price: Rs 1,350
    • Buyback amount: Rs 988 crore
    • Our recommendation: Buy now, participate in buyback
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    Don’t have an account? Click here to open an account and start participate in a buyback