TCS Confirms 28th November 2020 as Buyback Record Date

Must read

Daily Analysis of Stock Market – NIFTY – 24th November 2020

On Tuesday, The market had a gap up opening and remained in green for the whole session. At the closing, the market closed in...

NSE Revokes Karvy Stock Broking’s Membership

The National Stock Exchange (NSE) has declared Karvy Stock Broking Ltd as defaulter and has revoked the membership effective from Monday Market Closing."All members...

Buy Aurobindo Pharma With Target Of Rs 980: Motilal Oswal

Motilal Oswal has recommended a BUY on Aurobindo Pharma with a Target Price of Rs. 980, and an upside of 17% from CMP of Rs. 839.Aurobindo...

Daily Analysis of Stock Market – NIFTY – 23rd November 2020

On Monday, The market had a gap up opening, Later it slipped but closed in the green. At the closing, the market closed in...

The Board of Tata Consultancy Services has confirmed the record date for TCS Buyback 2020 as 28th November 2020. The company has announced the approval of buyback on 7th October 2020. TCS will buyback 5,33,33,333 shares at the price of ₹ 3000 per share. The company will offer ₹ 16,000 Crores for this buyback process.

Advertisement

“The Company has fixed Saturday, November 28, 2020, as the Record Date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the Buyback.”, mentioned in the company’s filling at NSE and BSE.

The share price of TCS has underperformed after the public announcement of the Buyback by approx. 3% and the share has given some positive moment of about 2 percent today after the announcement of TCS buyback 2020 record date.

Advertisement

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Daily Analysis of Stock Market – NIFTY – 24th November 2020

On Tuesday, The market had a gap up opening and remained in green for the whole session. At the closing, the market closed in...

NSE Revokes Karvy Stock Broking’s Membership

The National Stock Exchange (NSE) has declared Karvy Stock Broking Ltd as defaulter and has revoked the membership effective from Monday Market Closing."All members...

Buy Aurobindo Pharma With Target Of Rs 980: Motilal Oswal

Motilal Oswal has recommended a BUY on Aurobindo Pharma with a Target Price of Rs. 980, and an upside of 17% from CMP of Rs. 839.Aurobindo...

Daily Analysis of Stock Market – NIFTY – 23rd November 2020

On Monday, The market had a gap up opening, Later it slipped but closed in the green. At the closing, the market closed in...

Hatsun Agro Product To Receive Subsidies From Government of Telangana Up To Rs. 25 Crores

Hatsun Agro Products which have its headquarter in Chennai is the fastest-growing Asian Dairy Company. It was founded by Ganesan father of R. G....