PRESS RELEASE
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WNS Announces Board Authorization of ADS Repurchase Program
“WNS continues to deliver solid operating and financial performance, and
believe we remain well positioned for long-term success in the BPM
marketplace,” said
WNS intends to fund the share repurchases through internal cash
accruals. These repurchases will be made in compliance with the SEC’s
Rule 10b-18, subject to market conditions, applicable legal requirements
and other factors. The plan does not obligate the company to repurchase
any specific number of shares and may be suspended at any time at
management’s discretion. The company had 52.3 million ordinary shares
outstanding as of
About WNS
Safe Harbor Statement
This release contains forward-looking statements, as defined in the safe
harbor provisions of the US Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on our current
expectations and assumptions about our Company and our industry.
Generally, these forward-looking statements may be identified by the use
of terminology such as “anticipate,” “believe,” “estimate,” “expect,”
“intend,” “will,” “seek,” “should” and similar expressions. These
statements include, among other things, the discussions of our strategic
initiatives and the expected resulting benefits, our growth
opportunities, expectations concerning our future financial performance
and growth potential. Forward-looking statements inherently involve
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements. Such
risks and uncertainties include but are not limited to worldwide
economic and business conditions; political or economic instability in
the jurisdictions where we have operations; regulatory, legislative and
judicial developments; our ability to attract and retain clients;
technological innovation; telecommunications or technology disruptions;
future regulatory actions and conditions in our operating areas; our
dependence on a limited number of clients in a limited number of
industries; our ability to expand our business or effectively manage
growth; our ability to hire and retain enough sufficiently trained
employees to support our operations; negative public reaction in the US
or the
View source version on businesswire.com: http://www.businesswire.com/news/home/20160119005865/en/
Source:
WNS (Holdings) Limited
David Mackey
Corporate SVP –
Finance & Head of Investor Relations
+1 (201) 942-6261
david.mackey@wns.com
or
Archana
Raghuram
Head – Corporate Communications
+91 (22) 4095 2397
archana.raghuram@wns.com
pr@wns.com