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Infosys Approves Record ₹18,000 Crore Share Buyback

Infosys Approves Record ₹18,000 Crore Share Buyback

Global Cryptocurrency
Release Time:
2025-09-11 18:31:01
0
BTCCSquare news:

Infosys has greenlit its largest-ever share buyback program, worth ₹18,000 crore, signaling strong confidence in its financial health. The IT giant will repurchase 10 crore equity shares at ₹1,800 apiece—a 19% premium over Thursday's closing price. This MOVE follows its 2017 buyback of ₹13,000 crore, underscoring a pattern of returning capital to shareholders.

Free cash FLOW stood at $884 million (₹7,805 crore) as of June 2025, providing ample liquidity for the initiative. Shares closed 1.51% lower at ₹1,509.50 ahead of the announcement, reflecting market volatility amid broader tech sector headwinds.

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