India’s largest software company Tata Consultancy Services (TCS) today said its board will meet next week to consider share buyback.

“We would like to inform you that the board of directors will consider a proposal for buyback of equity shares of the company at its meeting to be held on February 20, 2017,” Tata Consultancy Services Ltd said in a BSE filing.

Shares of the company were trading 1.16 per cent higher at Rs 2,443.80 on the BSE.