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HCL Tech board approves share buyback worth Rs 3,500 crore

HCL Tech board approves share buyback worth Rs 3,500 crore

Monday, March 20, 2017, 9:47 PM

Board of IT services company HCL Technologies on Monday approved buyback of up to 3.5 crore shares at Rs 1,000 per share. This works out to Rs 3,500 crore. Shares of the companies closed at Rs 864.35, down 0.16% at the NSE on Monday. Earlier, shares hit a fresh 52-week high of Rs 879.15 ahead of a board meeting to consider the buyback proposal.
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