- Mr Market
- 3-Nov-2014
1) Share Buy-Back: Uncommon in India, Common in USA
In developed economies of USA & European nations, share buy-back is a more popular method of rewarding shareholders as against the dividend payout method. In the USA, from 2008 to 2013, share buy-backs accounted for 50%+ proportion of the total shareholder rewards for S&P 500 companies while dividend payouts contributed to the remaining share.
In sharp contrast to the USA, the proportion of share buy-backs in India for the same period was less than 5%.
2) BSE: Numero Uno on Several Counts
The Bombay Stock Exchange has been in existence since last 139 years (established in 1875) and has the distinction of being Asia 1st Stock Exchange & the world #1 exchange in terms of listed companies - 5,000+ companies are listed on BSE.