Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Infosys Board approves ₹18,000 crore share buyback
The New Indian Express Kochi
|September 12, 2025
THE country's leading IT services company Infosys announced ₹18,000 crore buyback of shares at ₹1,800 per share through tender offer route, repurchasing nearly 2.41% of outstanding equity, the company said in a statement on Thursday.
The company will repurchase 10 crore shares, marking its fifth buyback since August 2017. The shares will be bought back by the company at a premium of 19.25% from the Thursday's closing price. After the reports of potential buy-back of shares came out, the shares fell by 1.51%, closing at 1,509.50.
"The buyback size does not exceed 25% of the aggregate of the paid-up capital and free reserves, based on the latest audited interim condensed standalone and consolidated financial statements of the company as of June 30, 2025," the company said.
This story is from the September 12, 2025 edition of The New Indian Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kochi
The New Indian Express Kochi
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data.
1 mins
September 21, 2025
The New Indian Express Kochi
Will soon reveal 'H-bomb' to expose 'vote theft': Rahul
LEADER of the Opposition in Lok Sabha, Rahul Gandhi, once again claimed that he will soon reveal a ‘hydrogen bomb’ that will prove vote theft by Prime Minister Narendra Modi and the BJP.
1 min
September 21, 2025
The New Indian Express Kochi
DADASAHEB PHALKE AWARD FOR MOHANLAL
MALAYALAM movie icon Mohanlal has been chosen for the Dadasaheb Phalke Award 2023. The nation’s highest recognition in cinema marks the crowning glory of the thespian’s illustrious career that has spanned more than four decades.
1 mins
September 21, 2025
The New Indian Express Kochi
Sports no longer a tool of India-Pakistan diplomacy
OVER the last few months, there has been a growing clamour for the Indian cricket team to refuse to play Pakistan and it grew before their first match in Asia Cup group stage.
1 min
September 21, 2025
The New Indian Express Kochi
INVOKES BHAGAVAD GITA At Ayyappa meet, Pinarayi makes a political statement
QUOTING from Bhagavad Gita to delineate qualities of a true devotee and pitching Sabarimala as a rare shrine that embodies secular spirituality, Chief Minister Pinarayi Vijayan on Saturday donned an all-new avatar. In an earnest effort to win back the lost mass base among the Hindu community after the Sabarimala women entry fiasco, he rolled out a detailed road map for the future development of the hill shrine.
1 min
September 21, 2025
The New Indian Express Kochi
I don't want you!
Stunned techies scramble to US, scrap fly out plan
1 min
September 21, 2025
The New Indian Express Kochi
Khalistan-point figures in India, Canada high-level dialogue
INa key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.
1 min
September 20, 2025
The New Indian Express Kochi
Kochi chosen for Messi’s November date
THE suspense is finally over. Kochi has been officially chosen as the venue for Lionel Messi and Argentina’s much-awaited visit to Kerala this November.
1 min
September 20, 2025
The New Indian Express Kochi
Zubeen Garg of ‘Ya Ali’ fame dies in Singapore scuba diving accident
NORTHEAST’S OWN
1 mins
September 20, 2025
The New Indian Express Kochi
PRICE WAR VROOMS
MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALLING ₹2.56 LAKH
1 mins
September 20, 2025
Listen
Translate
Change font size