Why buybacks look good for companies but hurt investors, Deepak Shenoy breaks down
Share buybacks may boost earnings per share and make companies look leaner, but for most Indian investors, they are a losing proposition, warns Deepak Shenoy, founder of Capital Mind. “For a taxable individual, buybacks are not useful to tender in India,” Shenoy wrote in a social media post on Saturday, breaking down how the tax…
