India's SEBI Reverses 2025 Ban, Allows Open Market Share Buybacks

India's Securities and Exchange Board (SEBI) has reversed its 2025 restrictions on open market share buybacks by listed companies. The regulator had previously suspended the mechanism citing concerns over unequal shareholder treatment and potential tax complications, concluding it primarily benefited select investors. The latest move aims to support domestic equity valuations amid underperformance against global peers.
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