Infosys announces ₹18,000 crore share buyback program
after close1 source ↓written by the desknot a recommendation
- share buyback plan
- ₹18,000 crore
- per share
- ₹1,800
- involve
- 10 crore equity shares
- of the total
- 2.41%
Infosys Limited has unveiled a ₹18,000 crore share buyback plan at ₹1,800 per share, approved by its Board and shareholders. The buyback will involve up to 10 crore equity shares, representing about 2.41% of the total paid-up capital.
This strategic move aims to enhance shareholder value and reflects Infosys' commitment to effective capital allocation. 📈
Not investment advice. For informational purposes only.