Wed, Oct 11, 2023
TCS is going to declare its Q2 results 2023 on Oct 11, and the market is eagerly awaiting the outcome of the board meeting regarding the share buyback. Analysts expect the buyback price to be around Rs 4,300 - 4,500 per share, and the size of the buyback could be around Rs 18,000 crore. This would be the 5th buyback of shares by the IT behemoth in the last 6 years.
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Wed, Jul 12, 2023
TCS’s revenue from operations jumped 12.5% to Rs 59,381 crore in Q1 FY24 from Rs 52,758 crore in the same period a year ago. The IT major has also announced a dividend payout of Rs 9 per equity share of the face value of Rs 1 each.
Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
Fri, Aug 18, 2017
On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.
Mon, Apr 17, 2017
The Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks.
Mon, Feb 27, 2017
Now, Coal India said that the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.
Tue, Feb 21, 2017
The government has set a disinvestment target of Rs.56,500 crore for 2016-17.
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