TDCX board of directors authorises US$30 million share repurchase programme

KUALA LUMPUR, March 15 -- TDCX Inc, a leading high-growth digital customer experience solutions provider for technology and blue-chip companies, announced its board of directors has authorised a US$30 million share repurchase programme. (US$1 = RM4.205)

The repurchase programme has no expiration date and may be suspended, modified or discontinued at any time without prior notice.

According to a statement, TDCX aims to enhance shareholder return through the share repurchase programme, with the Company expecting to fund repurchases under this programme with its existing cash balance.

The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means.

These depend on market conditions and in accordance with applicable rules and regulations and its insider trading policy.

The Company's board of directors will review the share repurchase programme periodically and may authorise adjustment of its terms and size.

Apart from helping clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint, TDCX also serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming and e-commerce.

TDCX employs more than 14,000 employees across 26 campuses globally, specifically Singapore, where it is headquartered and Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia.

For more information, visit: www.tdcx.com.

-- BERNAMA