Infosys Announces ₹18,000 Cr Buyback at ₹1,800 per Share
Infosys Ltd’s Board approved a ₹18,000 crore share buyback at ₹1,800/share via tender offer, representing 2.41% of equity. Funded from free reserves, the move aims to boost EPS and return ratios. Previous buybacks include ₹9,300 Cr in 2022. FIIs hold 27.39%, MFs 20.55%. Shareholder approval pending.