Buybacks News

India's tech giant Tata Consultancy Services (TCS) has announced a buyback offer worth Rs 17,000 crore. The buyback plan comprises of over 4.09 crore equity shares and has a floor price of Rs 4,150 per share, which is at a premium. ...

Share buybacks approved by companies allow investors to gain value on their invested amount in these scrips. As it is companies through the process distribute excess surplus or cash reserves with them to their shareholders by repurchasing back the floated shares ...

In its annual budget, the government announced that those promoters holding shares through private trusts will have to shell out a DDT of 10% on dividend income that exceeds Rs. 10 lakh. With it, the regime in respect of the withholding ...