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HCL Tech Announces Share Buyback Worth Rs 4,000 Crore
12 Jul 2018, 08:46 PM IST 
On Thursday, share price of HCL Technologies closed 1.03% higher at Rs 1,005.30, on the BSE.
Mumbai: The board of IT (information technology) major HCL Technologies on Thursday approved the buy back of up to 3,63,63,636 equity shares of Rs 2 face value at Rs 1,100 per share for about Rs 4,000 crore. The buy-back size is "14.83 per cent and 11.59 per cent, of the fully paid-up equity share capital and free reserves (including securities premium account)", the company said in a regulatory filing at the BSE.
