How do companies buy back their shares from share holders?

Companies buy back their shares by two methods, either by the Open Market or through Tender offer.

Open Market offer: Companies can buyback their shares directly from open market by the sellers. This buyback can last for months as disclosed by the company to the SEBI.

Tender Market offer: Companies offer a buy back of its shares at a particular price at which investors can apply. The tender market buybacks can be applied through stock broker’s platforms.