TCS to consider share buyback on June 15; should you tender your shares?

TCS had undertaken a Rs 16,000-crore mega buyback offer last year, entailing 5.61 crore shares at a price of Rs 2,850 per equity share. The buyback price was fixed at 16 per cent premium.

TCS to consider share buyback on June 15;
TCS buyback price was fixed at 16 per cent premium last year. Image source: Reuters

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