Regarding buy back of shares.
This query is : Resolved
Guest
Guest
(Querist)
17 May 2010
Dear Experts,
I have a query regarding buy back of shares.
A, an individual received a Notice from a company, which has given 'A' offer for buy back of its own shares.
The price quoted by the company is not up to 'A's expectation.
'A' wants to wait for the improved market condition and only then, wants to sell the shares.
If A is not responding to the Notice of the company, will there be any impact for 'A's holding ?
Experts may express their views with consequences for not responding to the buy back offer of the company.
Thank you in advance for all the Experts.
I have a query regarding buy back of shares.
A, an individual received a Notice from a company, which has given 'A' offer for buy back of its own shares.
The price quoted by the company is not up to 'A's expectation.
'A' wants to wait for the improved market condition and only then, wants to sell the shares.
If A is not responding to the Notice of the company, will there be any impact for 'A's holding ?
Experts may express their views with consequences for not responding to the buy back offer of the company.
Thank you in advance for all the Experts.
18 May 2010
If A does not respond to buyback offer nothing happens to his number of shares.But his percentage of holding in the company will go up after the co buysback and cancels some shares.This happens because the total number of shares reduces after buyback.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Offsetting interest income against derivative trading losses
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Application of 115BAC
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
