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1 Comments

1. IPOJoker   I Like It. |Report Abuse|  Link|August 23, 2024 10:26:49 AMReply
I am new to buyback. Will be great if someone can explain what is single share strategy.

Tyia.
1.1. SHAILESH   I Like It. |Report Abuse|  Link|August 23, 2024 6:05:00 PM
Single share strategy means if the difference between current price and buyback price is quite huge say over Rs 400 or Rs 500.then the shareholder can buy 1 share in the DEMAT before record date.if company buy it in buyback then you get the buyback price. you have to participate in the process.
as per company act, it is mandatory to the company to buy 1 share of all the holders subject to the strength of the buyback issue