Cognizant has raised its share buyback programme to $2 billion, signalling strong capital return plans and confidence in long-term growth. The move triggered a sharp rally in the stock, even as the IT services firm continues to face pressure from a broader mu…
India Business News: BENGALURU: Cognizant has said its board approved a $2 billion increase to its existing share repurchase programme and raised its 2026 share buyback ta.
India's securities regulator, SEBI, is proposing major shifts in company share buybacks. Open market buybacks are set to return, and the mandatory involvement of merchant bankers may be reduced. Safeguards for promoter shareholding and minimum public sharehol…