Genpact Limited Announces $200 Million Accelerated Share Repurchase

NEW YORK, March 30, 2017

Under the terms of the ASR, Genpact has agreed to repurchase $200 million of its common shares from the Dealer, in total.  On March 30, 2017, Genpact will pay to the Dealer $200 million in exchange for the initial delivery of 6,578,947 Genpact common shares based on current market prices of Genpact common shares. The final number of shares that Genpact ultimately repurchases under the ASR will be based on Genpact's volume-weighted average share price during the term of the transaction, less a discount and subject to adjustments pursuant to the terms and conditions of the ASR.  The transaction is expected to be completed by the end of the fourth quarter 2017.  Genpact expects to fund the ASR through a combination of surplus cash on its balance sheet, operating cash flows and net proceeds from the recently completed private offering by Genpact's wholly-owned subsidiary, Genpact Luxembourg S.à r.l., of its 3.700% senior notes due 2022.

The ASR was entered into pursuant to Genpact's existing share repurchase program.  Genpact has completed $592 million out of a total authorization of $1.25 billion in share repurchases since the program was first announced in February 2015.  Genpact currently has approximately $658 million of share repurchase authorization available, including the $200 million allocated for repurchases pursuant to the ASR.

About Genpact

Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and industry expertise to deliver disruptive business outcomes – an approach we call Lean Digital(SM). We deliver value to our clients in two ways – through digital-led, domain-enabled solutions that drive innovation, and through intelligent operations enabled by digital that design, transform and run clients' operations. Our approach is continually refined in the world's largest digital process sandbox, where we test and improve thousands of processes. For two decades, first as a General Electric division and since 2005 as an independent company, we have been passionately serving our clients. We generate impact for clients from the Fortune Global 500 and beyond, and employ over 77,000 people in more than 20 countries, with key offices in New York City, Palo Alto, London, and Delhi. 

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