When will be this buyback start???
HGS Buyback 2022
i. HGS combines technology-powered services in automation, analytics and digital transformation, with deep domain expertise focusing on back office processing, contact centers, traditional and digital customer care, and HRO solutions to deliver transformational impact to clients.
ii. HGS delivers localized solutions and takes customer interaction and satisfaction to a higher level through deep domain and process expertise. It operates a global network of 70 customer experience centres with over 42000 employees across the U.S., Canada, the UK, India, the Netherlands, France, Germany, Italy, Jamaica, UAE, and the Philippines, making a difference to more than 600 of the world’s top brands across nine key verticals.
Buy Back Offer Deal:
Details of Buyback:
The Board has today decided to allocate a sum of approximately Rs. 1,000 crores for the proposed buy-back. The exact quantum of buyback, price of buyback, timing of the buyback shall be decided upon completion of issue of Bonus Equity Shares and availability of Audited Financial Statement for the year ending March 31, 2022 subject to the applicable provisions of the Companies Act, 2013 and SEBI Regulations.
Salient financial parameters:
|Profit before tax||247||339||444|
|EPS in Rs||85.02||96.78||161|
|Dividend Payout %||12%||21%||25%|
How to Participate in buyback?
1. Firstly to be eligible for the buyback the investor should have shares of HGS Buyback 2022 in Demat or physical form as on record date [ To be announced ]. 2. Once you have shares in Demat, you can participate in the buyback process which is opening from [To be announced ].by selling your shares through your broker on NSE or BSE. 3. Then on [ To be announced ], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.