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Cognizant boosts buyback target to $2 billion amid AI-led growth push
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 multi-year decline and valuation concerns.
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timesofindia.indiatimes.com
Cognizant ups 2026 share buyback target by $1bn
BENGALURU: Cognizant has said its board approved a $2 billion increase to its existing share repurchase programme and raised its 2026 share buyback target to $2 billion, up from…
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economictimes.indiatimes.com
Cognizant boosts buyback target to $2 billion amid AI-led growth push
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…