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⢠Tata Consultancy Services' Rs 17,000-crore share buyback program will open on December 1, with a buyback price of Rs 4,150 per share.
⢠The entitlement ratio for small shareholders is 1 equity share for every 6 shares held, while for other eligible shareholders it is 2 shares for every 209 shares owned.
⢠The buyback is expected to increase TCS' EPS and net worth, and the promoters' shareholding may increase to 72.41%.