India, Sept. 12 -- Infosys on Thursday announced that its board has approved the company's largest-ever share buyback programme, valued at Rs 18,000 crore. The IT services major plans to repurchase up to 10 crore fully paid-up equity shares of Rs 5 each — representing around 2.41% of its total paid-up equity capital — at Rs 1,800 per share. This price reflects a premium of nearly 19% over Thursday's closing price of Rs 1,509.5 on the BSE.
In a stock exchange filing, Infosys said the board, at its September 11, 2025 meeting, cleared the proposal. The company reported a free cash flow of USD 884 million (around Rs 7,805 crore) at the end of the June 2025 quarter.
Published by HT Digital Content Services with permission from Dion...