Tcs Share Buyback

20% tax on buyback may put firms with high promoter shareholding in a fix

Under the current framework, the dividend distribution tax borne by the company is effectively taxed at the rate of 20.56 per cent

Tata Sons to participate in second round of TCS share buyback

Tata Sons had added over Rs 102.8 billion to its coffers from previous buyback in FY18

TCS board approves up to Rs 160 billion share buyback plan

The buyback, at Rs 2,100 per equity share, entails up to 76.1 million shares or 1.99 per cent of the total paid up equity share capital

TCS hits new high as board approves share buyback at Rs 2100 per share

The stock hit a new high of Rs 1,849, up 3% after the company said its board approved a proposal of buyback upto 76.19 million equity shares at price of Rs 2,100 per share through tender offer.

TCS to commence share buyback of Rs 16,000 cr from May 18

The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr