buyback

share buyback

The share buyback spree continues…

A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings. Big technology companies such as Infosys, TCS, Wipro, Tech Mahindra & HCL …

The share buyback spree continues… Read More »