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ā¢ Tata Consultancy Services (TCS) has launched a Rs 17,000-crore share buyback offer, with a buyback entitlement of 17% for small investors.
ā¢ The final acceptance ratio is expected to be around 30-35% in the small investor category, with a potential upside for shareholders.
ā¢ TCS has conducted four previous buybacks, with the last one in 2022 resulting in a 100% acceptance ratio.