New Delhi, Nov. 26 -- Infosys share price traded higher on Wednesday, the last day of the IT major's share buyback period. The Rs.18,000 crore worth Infosys buyback opened on November 20 and closes today, November 26.

On Wednesday, Infosys share price opened higher at Rs.1,534.55 apiece as against its previous close of Rs.1,530 on the BSE. The stock gained as much as 0.87% to Rs.1,543.30 apiece.

Infosys share buyback has been heavily oversubscribed. As per BSE data as on November 25, Infosys buyback has seen tendering of over 50.21 crore shares, which is more than 5 times the offer size.

Infosys is repurchasing 10 crore shares at Rs.1,800 apiece. The buyback price is 17.6% higher than the previous closing price. Infosys share buyback r...