How to apply for Buy back through Open Market Offer?

A firm can repurchase its own shares from its present shareholders through a procedure known as a buyback. Either a tender offer or an open market purchase of shares can accomplish this. What is Buy Back . In the past, in the event of a repurchase, only a tender offer guaranteed that the firm would be the only bidder of shares. During the buyback period, there was ambiguity about whether the corporation would repurchase shares that were sold on the open market. However, exchanges have launched a series called BO on NSE (PDF) to help with open market offerings. Through the portal of their broker, clients can take part in open buybacks directly with these series. To know the points which are to be kept in mind while going for a buy back option – Click Here.