Infosys launches ₹18,000 crore share buyback program
pre-market1 source ↓written by the desknot a recommendation
- aiming to repurchase
- 10 crore shares
- each
- ₹1,800
- totaling
- ₹18,000 crore
- offer open
- 26 Nov 2023
- for reserved categories
- 2:11
Infosys has commenced its largest share buyback program, 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 offer open until 26 Nov 2023. The buyback ratio is set at 2:11 for reserved categories and 17:706 for general categories.
Not investment advice. For informational purposes only.