Infosys on Thursday approved its largest-ever share buyback proposal worth ₹18,000 crore and set the price at ₹1,800/share. Notably, the company's shares closed at ₹1,509.5, which means that the buyback price would be a 19% premium. The Bengaluru-headquartered firm added that it intends to purchase 10 crore equity shares or 2.41% of its total paid-up equity share capital.
short by
Medhaa Gupta /
10:33 pm on
11 Sep