Infosys had on Friday reported a 30% drop in its December quarter profit on higher expenses even as it approved a 8,260-crore share buybackthe second in less than 13 months' time
1 min read14 Jan 2019Infosys trades at a sizeable valuation discount vis--vis bigger rival TCS, and the large share buyback should also help support the former's stock
2 min read14 Jan 2019At its maximum price and size, the buyback will include 103.250 million shares, comprising around 2.36% of the company's paid-up capital on a standalone basis
1 min read12 Jan 2019Infosys last year repurchased 113,043,478 equity shares at a price of 1,150 per share for an aggregate amount of 13,000 crore
1 min read8 Jan 2019Infosys shares rose as much as 2.02% to ₹658.80 per share following reports that the company's board may consider a share buyback proposal
1 min read24 Dec 2018A total of 113,043,478 equity shares were bought back under the buyback at a price of Rs1,150 per equity share, says Infosys in a regulatory filing
1 min read23 Dec 2017The share buyback, which will be the first in the company's 36-year long history, will see Infosys buying back over 11.30 crore shares at Rs1,150 apiece
1 min read18 Nov 2017The plunge in Infosys shares following CEO Vishal Sikka's resignation cost has wiped out over Rs22,519.50 crore in market capitalisation
2 min read18 Aug 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared