Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods of buyback among which Open Market Buyback is one.
In an open market buyback, the company purchases its shares directly from the market and there won’t be any tender process. Any equity shareholder of the company can participate in the buyback offer during the buyback window.
Here are the open market buybacks of August 2022:
| Company | Start date | End date |
| Mindteck (India) Limited | 24-08-2022 | 23-02-2023 |
| TCI Express Limited | 18-08-2022 | 13-02-2023 |
If you hold shares of the company, you can bid by placing normal sell orders through their stockbroker till the buyback window is open. Refer to the links in the table to find more details.
