E-PaperTcs Share Buyback News
I-banks pitch share buybacks to firms as IPOs dry up
Investment banks are focusing on share buybacks to make up for the decline in fee from IPOs
3 min read13 Nov 2018Tata Sons may use ₹ 12,603 crore TCS windfall to cut debt
Tata Sons, which has already received 1,100 crore as dividend from Tata Consultancy Services, expects to get at least 11,502 crore from the 54.7 million scrips it plans to tender in the TCS share buyback
2 min read5 Sep 2018TCS 2nd Indian firm to cross ₹ 8 trillion market cap after RIL
TCS share prices rose 1.86% to a record high of 2093.2 on the BSE today, imparting the IT bellwether a market cap of 8.01 trillion. In intraday, the stock hit an all-time high of 2,100
2 min read4 Sep 2018TCS fixes record date for ₹16,000 crore share buyback: 5 points
TCS had said that the share buyback will take place through a tender route. TCS plans to buy back up to 7.61 crore shares at a price of ₹2,100 a share.
1 min read6 Aug 2018TCS share buyback shows absurdities of India’s repurchase rules
Sebi's share buyback norms may have its quirks, but they are nothing compared to the oddities involved in valuing Indian IT stocks at the moment
2 min read18 Jun 2018TCS to buy back shares worth Rs16,000 crore at 17% premium
TCS will buy back up to 76.19 million shares, aggregating up to 1.99% of the paid-up equity capital, via a tender at ₹2,100 per equity share
1 min read15 Jun 2018TCS to start ₹16,000 crore share buyback from 18 May
TCS's share buyback programme, which received shareholder approval last month, will open on 18 May and close on 31 May
1 min read15 May 2017TCS shareholders approve Rs16,000 crore share buyback
The TCS share buyback programme, passed through a special resolution, saw 99.81% of valid votes cast in favour of the proposal
1 min read17 Apr 2017Mumbai polls, TCS buyback and Airtel-Telenor deal
Shiv Sena, BJP neck and neck in civic polls; TCS announces Rs16,000 crore buyback; Airtel to buy Telenor's India unit
5 min read26 Feb 2017TCS to buy back 2.85% shares worth Rs16,000 crore
The size of Tata Consultancy Services's (TCS) share buyback, India's largest, seems impressive but barely makes up for low payouts in the past
3 min read21 Feb 2017Popular Topics
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