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TCS share price rises as company’s Rs 18,000-crore buyback offer opens today

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TCS share price added 1 percent in the morning session on March 9 as the company’s share buyback opens today. This will be the fourth buyback for the software services major and, in the earlier three instances, Tata Sons was the biggest beneficiary. The last date of settlement of bids on the Stock Exchanges is April 1, 2022.

The buyback will be in the reserved category for small shareholders, which means one share will be bought for every seven held.

Complete News Source : Money Control

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