Infosys launches ₹18,000 crore share buyback programme
after close1 source ↓written by the desknot a recommendation
- and concluding
- 20 Nov 2023
- and concluding
- 26 Nov 2023
- plans to repurchase
- 10 crore shares
- ₹1,800 each
- of its total
- 2.41%
Infosys has initiated its largest share buyback of ₹18,000 crore, opening on 20 Nov 2023 and concluding on 26 Nov 2023. The company plans to repurchase 10 crore shares at ₹1,800 each, representing 2.41% of its total paid-up equity. The buyback ratios are set at 2:11 for reserved categories and 17:706 for the general category. 📈
Not investment advice. For informational purposes only.