How Do I Apply For Buyback with HDFC Securities?
Companies can buyback their shares by two means, i.e. either through open market or tender offers. Buybacks offer benefits to all shareholders as it increases the ownership stake of each investor. Applying for a buyback with HDFC is a simple procedure. It only requires a few simple steps, and anyone can apply for buyback easily on their mobile devices.
Steps on How to Apply for Buyback with HDFC Securities
Refer to the steps to apply for buyback with HDFC securities:
Steps | Description |
1 | Log into account |
2 | Navigate to the Equity Section |
3 | Go to buyback dashboard |
4 | Click on Buyback |
5 | Click on Apply |
6 | Select Submit |
How To Apply For Buyback With HDFC Securities?
Applying for a buyback with HDFC securities is very simple. Detailed information about the same is given below.
Step 1: Open your HDFC securities app on your device and log in to your account using your account details (User ID and Password).
Step 2: After login, click on the ‘equity’ section, which will direct you to various trading options.
Step 3: Within the equity section, navigate to the buyback dashboard.
Step 4: Click on the ‘buyback’ tab and select the company whose share you are willing to buy.
Step 5: Once you select the company of your choice, you will see the ‘Apply’ tab. Click on it to proceed further to apply for buyback.
Step 6: Review your application and finally click on the ‘Submit’ button, to finalise your request to apply for buyback with HDFC securities.
The buyback feature empowers stakeholders to make informed choices to enhance their portfolios while leveraging the advantages of share buybacks.