TCS board to consider share buyback plan on January 12

Tata Consultancy Providers has introduced that its board will think about on January 12 a share buyback proposal.

The corporate didn’t disclose the extent of the buyback. The IT main’s final buyback between December 18, 2020 and January 1, 2021 was for ₹16,000 crore.

This would be the fourth buyback provide from TCS. Apart from the ₹16,000-crore buyback final time, it has beforehand acquired shares value ₹8,260 crore and ₹ 13,000 crore.

Interim dividend

The board assembly can even think about a 3rd interim dividend.