Infosys launches ₹18,000 crore share buyback program
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
- each
- ₹1,800
- totaling
- ₹18,000 crore
Infosys has initiated its largest share buyback program to date, opening on 20 Nov 2023 and concluding on 26 Nov 2023. The company plans to repurchase 10 crore shares at ₹1,800 each, totaling ₹18,000 crore, representing 2.41% of its paid-up capital. This move aims to enhance shareholder value and reflects strong financial health.
Not investment advice. For informational purposes only.