What is Buy Back?

in #mgsc7 years ago (edited)

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  • 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.

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