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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

What is Buy Back?

BY: @cryptotechnical | CREATED: June 28, 2018, 7:52 a.m. | VOTES: 3 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://cdn.steemitimages.com/DQmZopndwnsawqinG7n3ov8LJM45Ln5YSJaU3YxiQeScC8B/buyback-buy-back-770x433.jpg]

As the name suggests, it is a process by which a company can buy back its coins from coinholders. A company may buy back its coins in various ways: from existing coinholders on a proportionate basis; through a tender offer from open market.

A company cannot buy back through negotiated deals on or off the coin exchange, through spot transactions or through any private arrangement. Clearing and Settlement.

Upvote For Motivation.

TAGS: [ #mgsc ] [ #analysis ]

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