Tech Mahindra announces share buyback worth Rs 1,956 crore
Cash-laden Indian IT firms have been returning surplus cash to shareholders by way of dividends and buybacks. The board of Tech Mahindra has approved a proposal for buyback of up to 2.05 crore equity shares from shareholders at a price of Rs 950 apiece. The total buyback size would Rs 1,956 crore, according to a regulatory filing. …read more
