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BRIEF-Genpact announces $200 mln accelerated share repurchase
March 30, 2017 / 1:31 PM / 8 months ago

BRIEF-Genpact announces $200 mln accelerated share repurchase

March 30 (Reuters) - Genpact Ltd

* Genpact Limited announces $200 million accelerated share repurchase

* Under terms of ASR, Genpact has agreed to repurchase $200 million of its common shares from Morgan Stanley & Co. Llc, in total

* Genpact Ltd - Genpact expects to fund asr through cash on balance sheet, operating cash flows and net proceeds from recent offering by unit

* Genpact - on March 30, to pay to dealer $200 million in exchange for initial delivery of 6.6 million co’s common shares based on current market prices of shares

* ASR was entered into pursuant to Genpact’s existing share repurchase program

* Genpact Ltd - ASR was entered into pursuant to Genpact’s existing share repurchase program Source text for Eikon: Further company coverage:

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