TCS Fixes Record Date For Share Buyback Worth Rs 18,000 Crore: 5 Points

This is the IT major's fourth and biggest buyback in the last five years. "The members of the company have approved the buyback by passing a special resolution through postal ballot," TCS had mentioned. TCS' previous buyback offer of around Rs 16,000 crore had opened on December 18, 2020, and closed on January 1, 2021. Around 5.33 crore equity shares were bought back under the offer for Rs 3,000 apiece. In 2018, India's largest ...