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corporate actions · intermediate

Open market buyback

An open market buyback is when a company purchases its shares on NSE/BSE over a period under SEBI Buyback Regulations.

Under SEBI Buyback Regulations, the company buys from the continuous market up to a disclosed maximum price and size.

Daily purchase updates are typically disclosed on the exchanges during the buyback window.

Unlike a tender offer, shareholders do not submit shares through a separate fixed-price tendering process.

Tax framing belongs under buyback tax because the regime has changed across Finance Acts.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.