Abstract

The case Buyback of Shares analyzes the buyback option introduced by the Government in 1998. It provides a detailed understanding of the Buyback ordinance and its salient features. The case sets out the objectives of the buyback ordinance and the reasons given by the MNCs for pursuing a buyback. It also highlights the grievances expressed by the small investors against misuse of the buyback option by the MNCs through a set of examples.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Buyback of shares
• MNC’s in India
• Rights of minority shareholders.

Keywords

Buyback of Shares, option, Government, 1998, ordinance, salient features, objectives, MNC, grievances, small investors, examples