When the stock market is sluggish or it is passing through a bear run, many companies announce stock buybacks. Although this practice is pretty common, the layman investor does not give a second thought to these announcements during trade. There is a lot of potential involved and you should definitely not miss this opportunity.
What is the meaning of stock buyback?
When a company buys its own stock in the stock market it is considered as a stock buyback and the shares that are taken are re-titled as treasury stocks and it becomes an asset to the company..
