12) Before buyback all shares must be___
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Answer:
Before the buy-back of shares, the company shall file with the Registrar of Companies a Letter of Offer in e-form SH-8 and the Letter of Offer shall be dispatched to the shareholders immediately after filing the same with the Registrar of Companies but not later than 20 days from its filing
hope you all support and follow comment
Buying a share from a business means you has a part in the ownership of this company. When you are holding all its shares, you actually has the entire company.
However, this is never going to happen through open-market trading, even if you have the so-called "adequate" money. No stocks put all their shares float on the market. Restricted shares, particularly, are held by insiders, great clients, employees, etc, and are normally not able to sell in a designated time period.
In fact, the fact that floating shares are limited in supply is the very reason triggers the stock price to surge when many traders invest a stock.