Some listed companies have announced consideration of buyback of shares in April 2016. Buyback of shares has not been a common phenomenon till now. So, what is it that has prompted these companies to come out with offers for buyback of shares? It is purely the tax advantage of share buybacks, as against taxation of dividends, that has triggered this preference for buybacks.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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