Infosys launches ₹18,000 crore buyback program
pre-market1 source ↓written by the desknot a recommendation
- share buyback
- ₹18,000 crore
- to run
- 20 Nov 2023
- 26 Nov 2023
- shares
- 10 crore
- each
- ₹1,800
Infosys has initiated a ₹18,000 crore share buyback, set to run from 20 Nov 2023 to 26 Nov 2023. The plan allows for the repurchase of up to 10 crore shares at ₹1,800 each, reflecting a 17% premium over the current price. This move aims to enhance shareholder value and may impact market sentiment.
Not investment advice. For informational purposes only.