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ā¢ TCS will buy back 4.09 crore equity shares at a price of Rs 4,150 apiece, not exceeding Rs 17,000 crore.
ā¢ The buyback will start on December 1 and end on December 7, and JM Financial Services Ltd. will be the broker.
ā¢ This will be TCS' fifth share buyback, and the company has been ordered to pay $210 million to DXC Technology in a trade-secret case.