Kaveri seeds company limited -- kscl

[newbie_007]

What to interpret of a buyback if promoters are participating

Navneet Education has just announced it will be buying back shares. Also the statement says “Members of the Promoter and Promoter Group of the Company have indicated their intention to participate in the proposed buyback.” So what I understand is that promoters and management of the company considers the stock cheap and so has taken the decision to buyback. But then why would a promoter participate in a buyback. If stock is cheap, it it not better for the promoter to hold onto his shares and al…

Just found this.