TCS Board announces Rs. 18000 Cr Buyback

IT giant Tata Consultancy Services (TCS) Board approves a Rs 18,000-crore share buyback. It is its fourth biggest buyback exercise in the past 5 years. It fixed the buyback price at Rs. 4500 apiece. During this buyback operation it will buy 4 Cr. shares. This is equivalent to 1.08% of its total paid-up share capital.  …

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