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tcs: TCS announces share buyback dates, retail entitlement fixed at 17%

The buyback will remain open for tendering till December 7. For small shareholders, as defined by those with investments less than Rs 2 lakh, the entitlement ratio has been fixed at 1 equity share for every 6 shares held on the record date (i.e. November 25). The ratio comes to about 17%. ....

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TCS share buyback size at Rs 22,000 crore? What analysts say ahead of board meet

Deepak Jasani of HDFC Securities expects the buyback size to be in the range Rs 20,000 crore to Rs 22,000 crore, as he sees "a combination of caution and hope, and no fireworks" in the IT major's September quarter results later today.

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TCS buyback: TCS announces Rs 17,000 crore-share buyback scheme

Following a board meeting to consider its Q2 results, TCS said the board has approved a proposal to buyback 4.09 crore shares for an aggregate amount not exceeding Rs 17,000 crore, representing 1.12% of the total paid-up equity share capital of the company. ....

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