The first share buyback or share repurchase of Rs 13,000 crore was announced in December 2017 through the tender offer route. For the offer, the buyback price was kept at Rs 1,150 per share.Subsequently, the cash-rich IT company announced Rs 8,260 crore share buyback in 2019 through the open market route. The buyback price for the same was fixed at Rs 747.38 apiece.
Subscribe To Our Free Newsletter |