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1 Comments

1. Manish Patel

| Link|February 18, 2022 2:44:46 PMReply

KSRKji,

is it possible that TCS will buy back 100% shares from retail ?

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1.2. lokes

| Link|February 20, 2022 12:46:35 AM

@Manish Patel : Anything is possible. And TCS is buying back constant quantity. So how much being bought back from retailers, is all depend on how much are being tendered, if tendered shares are lesser than available shares for retailers then Acceptance will be 100%. And tendering will depend on share price during buyback tender period which is 3-4 weeks from now. if share price due to any reason will reach around 4100 or above that time, then good chances of 100% AR.

1.3. Lokesh

| Link|February 20, 2022 12:50:32 AM

@Manish,

It is very much on the cards. If during Tender offer window (opening and closing date) CMP remains 4400 and above then 100% chances of 100% AR as very few people will be tendering there shares.

During last buyback price of 3000, price was 2800 to 2900 during tender offer window but achieved 100% AR in Retail category.