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Infosys Board approves ₹18,000 crore share buyback
The New Indian Express Chennai
|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.
Dit verhaal komt uit de September 12, 2025-editie van The New Indian Express Chennai.
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