3 weeks ago
HomeMarket NewsWhy share buybacks aren't as common in India anymore
Since October 1 last year, only six companies have announced a buyback of their equity shares, a list which includes names like Nava, SIS, and Tanla Platforms. In the three-month window after budget 2024, as many as 28 companies announced a share buyback before the changes took effect.
The landscape for share buybacks in India has undergone a major transformation. Tax changes in Budget 2024, and subsequent announcements related to open market buybacks, have resulted in a significant decline in the number of share buybacks announced since the policy changes took effect.
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