Understanding Share Buybacks on FYERS

What is Buyback of shares?

A buyback of shares is a corporate strategy where a company buys back its shares from its shareholders at a value typically higher than the ongoing market rate. Companies often resort to a buyback when they perceive their shares are undervalued and trading below their potential worth. Once the company acquires these shares, they're deducted from the public circulation and may be reissued later on. Executing a buyback can elevate the company's Earnings Per Share (EPS), making it more enticing for potential investors.

To delve deeper into how you can participate in a buyback via FYERS, please refer to this article.