Buyback can be defined as repurchasing of its own securities by the company. The main objective of buyback by companies is to make use of the idle cash lying with them and ultimately improving the earning per share (EPS).
Limited Liability Partnership (LLP) is a body corporate having legal entity and can hold property in its own name different from its partners. It is a hybrid of partnership and company form of organization. LLP has limited liability and perpetual succession.
