INFY

launches record ₹18,000 crore share repurchase at 19% premium

Infosys has unveiled a share repurchase program worth ₹18,000 crore, marking its largest buyback since the company’s listing. The shares will be repurchased at ₹1,800 per unit, a 19% premium to the prevailing market price. The move is aimed at enhancing key financial ratios and providing tax-efficient value to shareholders. India’s second-largest IT services company, Infosys Ltd, on Thursday announced a buyback through the tender offer route. The Bengaluru-headquartered tech giant will repurchase approximately 10 crore shares, accounting for 2.41% of its equity base, at ₹1,800 per share, making it the biggest buyback in its corporate history.