New Delhi, Nov. 27 -- Infosys share price traded higher on Thursday after the company's Rs.18,000 crore worth buyback programme window closed and received stellar bids. Infosys shares gained as much as 1.06% to Rs.1,574.40 apiece on the BSE.

Infosys buyback opened on November 20 and the window closed on November 26. According to the BSE data, shareholders submitted bids for around 82.61 crore shares as against the Infosys share buyback size of 10 crore equity shares. Thus, Infosys buyback offer was oversubscribed by about 8.26 times.

The IT major has repurchased 10 crore equity shares at Rs.1,800 apiece. Infosys buyback price was 15.5% higher than its closing price on Wednesday, November 26, the last day of buyback offer.

Analysts rema...