Infosys ₹9,300 cr share buyback plan commences on 7 Dec. How to participate?
- Infosys' total buyback offer would be over 5.02 crore equity shares aggregating to ₹9,300 crore at a face value of ₹5 each. The buyback price should not exceed ₹1,850 per share.
IT-giant Infosys shares are in focus after its buyback offer commenced. On Thursday, the fourth largest company in terms of market share was trading broadly flat. The share buyback worth ₹9,300 crore commenced on December 7 and will continue till June 6, 2023. On the first day of the offer, Infosys bought back equity shares worth nearly ₹202 crore on exchanges, as per the regulatory filing.
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