Price: Rs 150/- 

Guidance Note on Buy-Back of Securities

About the book:

Buy-back of securities is a corporate financial strategy which involves capital restructuring and is resorted to by companies to achieve the varied objectives of increasing earnings per share, averting hostile takeovers, improving returns to stakeholders and realigning the capital structure.

Buy-back of securities, like any other transaction of corporate restructuring, brings into play several issues, both financial and non-financial, and the process of buy-back needs to be structured in a way that all the issues are taken care of favorably.

This Guidance Note has been formulated after detailed research and analysis and deals with procedures, interpretations and practical aspects in connection with the buy-back of securities. It also includes several specimen formats in respect of both listed and unlisted companies and is an attempt to equip the members and corporates to comply with the underlying principles of buy-back.