Moneycontrol
Feb 22, 2017 06:18 PM IST | Source: Moneycontrol.com

Watch: Everything you wanted to know about a share buyback

A trend is emerging among IT companies to buy back shares amid rising concerns that they are struggling to put excess cash to investment use in a growth-challenged environment.

Watch: Everything you wanted to know about a share buyback

Moneycontrol Bureau

Earlier this week, the Tata Consultancy Services board approved a Rs 16,000 crore share buyback, the highest ever in the country. 


TCS’ buyback plans come amid rising concerns that IT companies are struggling to put excess cash to investment use in a growth-challenged environment.


While Cognizant earlier announced a USD 3.4 billion buyback plan, Infosys is being pressured by two of its ex-Chief Financial Officers to consider a share buyback. 

On Wednesday, an official familiar with the development told Moneycontrol that the company was open to the idea of a share buyback and was considering it.

But what exactly is a share buyback. Here’s a quick primer to get you up to speed on the basics:


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