A share buyback, also known as stock repurchase, is a corporate action where a company buys back its own shares from the existing shareholders, usually at a premium to the current market price.
Buybacks can be executed through tender offers, open-market purchases, or other SEBI-approved routes. Each method has its own rules around timelines, pricing, and disclosure.
For shareholders, a buyback can provide an exit at an attractive price or, for those who stay invested, potentially improve per–share metrics over the long term.