TCS Group Holding PLC (LSE:TCS) commences share repurchases on January 7, 2016, under the program mandated by the shareholders in the Annual General Meeting held on June 5, 2015. As per the mandate, company is authorized to repurchase its class A shares or interests in class A shares including Global Depository Receipts (GDRs) in the company up to the maximum permitted by Cyprus law.