Buyback tcs 2022
WebBuy-back of equity shares - (18,000) Advance towards purchase of non-controlling interests - (24) Net cash used in financing activities (47,878) (33,581) ... 2024 and 2024, respectively, by the seller of TCS e-Serve Limited (merged with the Company) which, on refund by tax authorities, is payable to the seller. WebThe TCS buyback to start from 09 March 2024 and closes on 23 March 2024. The Company will do Buyback with equity of 4,00,00,000 Equity Shares around 1.08% of Face Value …
Buyback tcs 2022
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WebFeb 13, 2024 · TCS' board of directors had on January 12, 2024 declared the buyback of up to 4,00,00,000 fully paid-up equity shares of the face value of Re 1 each at Rs 4,500 per equity share for a sum of Rs 18,000 … WebFeb 21, 2024 · Buyback of shares is a corporate action, when a company buys back its shares from the existing shareholders, usually at a price higher than the market price. When the company buys back its shares, the number of shares outstanding in the market reduces. A buyback allows companies to invest in themselves. ( Originally published on Feb 21, …
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Web1.3 The Tendering Period for the Buyback Offer opened on Wednesday, March 9, 2024 and closed on Wednesday, March 23, 2024. 2. DETAILS OF BUYBACK 2.1 4,00,00,000 (Four crore) Equity Shares were bought back under the Buyback, at a price of `4,500 (Rupees four thousand five hundred only) per Equity Share. 2.2. WebFeb 15, 2024 · Again in 2024, when TCS announced a buy back at Rs 3,000 it, was at 10% premium to the market price. At the current market price of Rs 3,735, the premium is the …
WebJan 13, 2024 · Updated: 13 Jan 2024, 11:06 AM IST Harsha Jethmalani. The buyback size is 10% larger than the buybacks announced by TCS in previous years, as per analysts at Jefferies India. (Aniruddha Chowdhury ...
WebJanuary 12, 2024 (the “Postal Ballot Notice”), the results of which were announced on Saturday, February 12, 2024. 1.4 The Buyback is pursuant to Article 11 of the Articles of Association of the Company, and the provisions of Sections 68, 69, 70 and other applicable provisions, if any, of the Act, the relevant rules framed thereunder, reach pickerWebMar 8, 2024 · TCS had fixed 23 February 2024 as the record date for the buyback. Hence, if you had TCS shares in your DEMAT account on 21 February (ex-buyback date), you are … reach physical therapy pllcWebJan 14, 2024 · TCS Buyback 2024 description – Tata Consultancy Services Limited, initially started as “Tata Computer Systems” was founded in 1968 by division of Tata Sons … reach pigmentenWebFeb 14, 2024 · “This is further to our letter dated January 12, 2024, informing the decision of the board of directors of the company to buy back up to 4,00,00,000 fully paid-up equity shares of the face value ... how to start a business in oklahomaWebFeb 21, 2024 · TCS, at its board meeting held on January 12, approved to buy back four crore shares (1.1 per cent of its equity) through a tender offer at a price of ₹4,500 a share. According to the SEBI ... how to start a business in pennsylvaniaWebFeb 16, 2024 · TCS had announced an upto ₹ 18000 crore buyback offer entailing 4 crore equity shares at ₹ 4,500 apiece. TCS share buyback record date has been fixed on February 23, 2024 for the purpose of ... how to start a business in riWeb2 days ago · TCS had last carried out a share buyback in March 2024, where it bought back shares at a price of Rs 4,500 apiece for a total buyback size of Rs 18,000 crore. ... TCS has paid dividends worth Rs 91, compared to Rs 43 and Rs 38 during the previous two financial years respectively. In absolute terms, the total dividend payout by TCS during the ... how to start a business in reno nevada