Buyback tcs ratio
WebFeb 16, 2024 · TCS had announced an upto ₹ 18000 crore buyback offer entailing 4 crore equity shares at ₹ 4,500 apiece. TCS share buyback record date has been fixed on February 23, 2024 for the purpose of ... WebFeb 21, 2024 · TCS, at its board meeting held on January 12, approved to buy back four crore shares (1.1 per cent of its equity) through a tender offer at a price of ₹4,500 a …
Buyback tcs ratio
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WebMar 23, 2024 · The buyback is being done at Rs 4,500 per share, a 21 per cent premium to TCS’ last close. The Rs 18,000-crore share buyback programme of Tata Consultancy Services (TCS) was subscribed over 7.52 times. According to data provided by stock exchanges, 30.11 crore shares were tendered against the offer size of 4 crore shares. WebMar 25, 2024 · Ahead of the beginning of the buyback offer, analysts at Motilal Oswal had calculated about 5 per cent profit subject to 30 per cent acceptance ratio and selling …
WebMar 11, 2024 · Updated: 11 Mar 2024, 08:40 PM IST Livemint On Friday, TCS shares closed 0.50% lower at ₹ 3,603 apiece on NSE. TCS board in January approved a proposal to buy back up to 4 crore shares for an... WebMar 7, 2024 · The return in the above table assumes that the TCS share price remains 3700 or above after the buyback process. Update as of 8th March 2024 – TCS entitlement ratio has been published by the company as 14% which is a huge disappointment for the retail investors. Retail investors have expected the entitlement ratio to be around 30-40%.
WebMar 24, 2024 · TCS will extinguish 1.08% of its equity shares after the buyback process is completed. The extent of promoter Tata Sons' participation in the buyback could not be … WebFeb 15, 2024 · Again in 2024, when TCS announced a buy back at Rs 3,000 it, was at 10% premium to the market price. At the current market price of Rs 3,735, the premium is the …
WebFeb 21, 2024 · Brokerage house Motilal Oswal said that given that the eligibility for the retail portion of the TCS buyback is 44 shares, which is ~44% of the 100 shares, the …
WebJan 13, 2024 · 2 min read . Updated: 13 Jan 2024, 11:06 AM IST Harsha Jethmalani. The buyback size is 10% larger than the buybacks announced by TCS in previous years, as … kent christmas prophecy january 2023WebMar 22, 2024 · According to an analysis done by Edelweiss Alternative Research, the acceptance ratio of TCS share buyback for retail investors could be 14.3 per cent ... The tender route buyback, which commenced on March 9, ends tomorrow. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. is i love you different than love youWebThe Buyback Offer size in terms of Equity Shares to be bought back, will be 4,00,00,000 (Four crore) Equity Shares and in terms amount will be paid-up equity share capital of the Company, as on December 31, 2024. 2. How many shares will the Company buy back? The Company will buyback up to 4,00,00,000 (Four crore) Equity Shares. 3. isil recberWebMar 23, 2024 · The buyback is being done at Rs 4,500 per share – over 21 per cent premium to the current market price. TCS shares were trading marginally higher at Rs 3,706 apiece on the Bombay Stock Exchange. The buyback offer closes at 5 pm today. According to HDFC Securities Research, we think that the likely acceptance ratio would be … isilo watchtower library 2013WebJan 11, 2024 · TCS Buyback 2024 Buyback Entitlement. As per the email received from registrar on March 5th, 2024, the buyback entitlement is: Retail Investors: 14% (Less than Rs 2,00,000) Others: 0.92%; Acceptance Ratio for TCS Buyback. TCS accepted 26% … TCS Buyback Acceptance Ratio (AR) Calculator. Buyback Price ₹4500 per … isilo watchtower libraryWebFeb 21, 2024 · TCS, at its board meeting held on January 12, approved to buy back four crore shares (1.1 per cent of its equity) through a tender offer at a price of ₹4,500 a share. According to the SEBI ... kent christmas shocking prophecyWebTata Consultancy Services (NSE:TCS) Shares Buyback Ratio % as of today (April 03, 2024) is 1.08. Shares Buyback Ratio % explanation, calculation, historical da. Get Your 7-Day … kent christmas prophetic word