Buyback
Why am I getting the error stating 'Invalid quantity' while applying for the Buyback of shares?
This error occurs when the Bid quantity entered is more than the available quantity. For instance, Mr. Anuj, a client of FYERS, has 10 shares of TCS in his holdings. He’s planning to apply for the Buyback. However, while entering the Bid quantity of ...
Why am I getting the error stating 'Not enough quantity' while applying for the Buyback of shares?
This error occurs when you have no shares in your Demat account. As shown in the below image, the request for Buyback will go through only if you had the shares in your Demat on or before the record date. In this case, the client doesn’t have any ...
Can I delete my Buyback order?
Yes, you can! However, the Delete option will only be available if the Buyback order status is pending. Go to your order book and hover the mouse cursor on the order you wish to delete. You’ll see two options; select the ‘Delete’ option. Click on ...
How can I modify my Buyback order?
Yes, modification of the buyback orders in Fyers is a simple process. Below is the procedure to do so: Go to your order book and hover the mouse cursor on the order you wish to edit. You’ll see two options; select the ‘Edit’ option. Enter the Bid ...
What is Buyback of shares?
A buyback is a corporate action where a company repurchases its shares from the existing shareholders at a price higher than the current market price. This process is undertaken when the company feels that the stock is undervalued and trading at a ...
When I tried to apply for the Buyback, it failed. Why?
Normally, if you have shares of the company offering to the Buyback in your Demat account on or before the record date, the order will never fail or get rejected. If you’re still getting the error ‘Failed to Apply,’ you can reach out to our support.
Can I apply for the Buyback of shares online?
Yes, you can apply for Buyback of shares online in FYERS, provided you have the shares (Buyback) in your Demat account on or before the record date. The procedure to tender your shares online is a seamless process. Kindly go through this article to ...
What is Tender offer?
A tender offer means an offer by a company to buy back its own shares or other specified securities through a letter of offer from the holders of the shares or other specified securities of the company. A company may buy back its shares or other ...
How can I apply for Buyback in Fyers?
You can now apply for the Buyback online with a few simple steps. The procedure to do so is as below: Login to the My Account, you will see an option of ‘Corporate Actions’ as shown in the below image: Go to Corporate Actions and click on ‘Buyback’ ...
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