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HCL Technologies Limited – INDIA – Buyback
On July 9, 2018, HCL Technologies Limited (NSEI:HCLTECH) announced that it intends to initiate an equity buyback on July 12, 2018. The Company's Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. On July 12, 2018, HCL Technologies Limited (NSEI:HCLTECH) announced a tender offer to buyback 36.36 million shares at a buyback price of INR 1100.00 per share. This represents a spread of 9.3% over the market price of INR 1006.05 per share,…