Infosys launches ₹18,000 crore share buyback program
after close1 source ↓written by the desknot a recommendation
- aiming to repurchase
- 10 crore shares
- each
- ₹1,800
- totaling
- ₹18,000 crore
- program running
- 20 Nov 2023
- 26 Nov 2023
Infosys has initiated its largest buyback to date, aiming to repurchase 10 crore shares at ₹1,800 each, totaling ₹18,000 crore. This marks the company's fifth buyback since 2017, with the program running from 20 Nov 2023 to 26 Nov 2023. The buyback ratio is set at 2:11 for reserved shares and 17:706 for the general category.
Not investment advice. For informational purposes only.