share buybacks

china: China’s challenge: Avoiding Japan’s generational gamble

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china: China’s challenge: Avoiding Japan’s generational gamble

Earlier this week, China introduced significant policy measures, including a 20bp OMO rate cut, a 30bp MLF rate cut, and adjustments to the prime loan rates. Deposit rates will decrease by 20-25bp, and a 50bp RRR cut will inject around RMB 1 trillion in liquidity, with further cuts possible. The PBOC will also reduce mortgage … Read more

share buybacks: Companies race against taxing times to give buyback call

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share buybacks: Companies race against taxing times to give buyback call

Mumbai: Companies are moving swiftly to buy back shares before new tax rules proposed in the budget take effect on October 1. This will tax the buyback amount in the hands of shareholders as per their tax slabs. Currently, such transactions are taxed at about 23% at the company level. Within just the three weeks … Read more