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Buy Back of shares

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08 September 2010 Respected Members,

Can a listed Company buy back its shares from a private investor at a future date.

please share your views.

Thanks & Regards,

08 September 2010 A Listed Company cannot do so. However, another option is for the promoter to buy out the private investor at a future date through an share purchase agreement.

08 September 2010 thank you so much
But can a promoter of a listed company do so and please provide the the authority from where i can get the detaied information.


08 September 2010 Yes. The Promoter can do so. The agreement would be in the nature of agreement for first right of refusal.



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