INFY announced that its board has approved the company’s largest-ever share buyback programme worth ₹18,000 crore.
Infosys will buy 10 crore fully paid-up equity shares of a face value of ₹5 each, representing up to 2.41% of the total paid-up equity share capital, at ₹1,800 per share, which reflects a premium of around 19% over Thursday’s closing price on the BSE.
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