Buyback Effects from Investors Perspective

Authors

  • Subhendu Kumar Pradhan
  • R. Kasilingam
  • Nabanita Khuntia
  • Pankaj Inchulkar

DOI:

https://doi.org/10.33516/rb.v44i4.1-11p

Keywords:

Buyback, Price Reaction, Investors Reaction, Share Price.

Abstract

The study attempted to find out the buyback effect from the investors perceptive. To analyse this effect, primary data was used. The primary data was collected from the equity investors through interview method with the help of structured questionnaire. Total 444 samples were collected and used for the analysis. The mean analysis was used to identify which variable is influenced and which variable is not influenced by the buyback. Structural equation modeling is used to know whether buyback significantly influence the share price, timing of investment and shareholding or voting right and whether the investors react to it or not. The study concluded that buyback decrease the share price significantly. The study also concluded that buyback does not influence the shareholding and timing of investment. The study proves that the investors do not react to the buyback announcement.

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Published

2019-01-31

How to Cite

Pradhan, S. K., Kasilingam, R., Khuntia, N., & Inchulkar, P. (2019). Buyback Effects from Investors Perspective. Research Bulletin, 44(4), 1–11. https://doi.org/10.33516/rb.v44i4.1-11p

Issue

Volume 44, Issue 4, January 2019

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

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