HCL Technologies (HCL) will buy-back shares worth Rs 3,500 crore. The company has proposed an offer for buyback of equity shares for cash at a price of Rs 1,000 per equity shares on a proportionate basis through tender offer process.
The buyback size represents 16.39% and 13.62% of the aggregate of the fully paid-up equity share capital and free reserves as per the standalone and consolidated audited accounts of the company for the financial year ended March 31, 2016.
HCL Technologies (HCL) is a leading global IT services company that helps global enterprises re–imagine and transform their businesses through Digital technology transformation.
| Company Name | CMP |
|---|---|
| TCS | 2394.85 |
| Infosys | 1179.20 |
| HCL Tech. | 1198.60 |
| Wipro | 197.95 |
| Tech Mahindra | 1463.05 |
| View more.. | |
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