What does buy back means?
buy back of shares represents that the company is going to reduce the floating stock quanity in open market by buying back the shares from public holdings, and cancelling the same, it will help to increase the Book value, EPS and result will go to appreciation of market value of the script in short term.
Buy back is of two types
1)From shareholders: In this case company approach the original share holder to offer the shares at the price fixed under board meeting,
2)Open market : In this case company deputes some broker or agent to accumulate the shares for him at the price fixed or lower from markdet transactions.
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Is it possible to transfer the shares from one account to another?
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Is there any method to find the number of shares in a Future LOT?
Follow link - http://www.nseindia.com/content/fo/fo_mktlots.csv
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Do we need to activate stop-loss daily or only one time for a script?