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What is TCS Buy Back: Tax-Free Returns Explained about?

Tata Consultancy Services (TCS) is conducting a share buyback program to purchase up to 4 crore shares at 4,500 rupees per share, totaling 18,000 crore rupees. Share buybacks allow companies to return cash to shareholders and increase earnings per share for remaining shareholders. For investors, participating in the TCS buyback offers the potential for tax-free returns of 10-20% within 2-3 months, as TCS share prices have risen above buyback prices after previous buybacks. The article provides examples of p

Author

Rajesh

Language

EN