Скачать или смотреть Infosys Share Buyback: Key Queries Of Retail Shareholders Simplified & Answered

Infosys Ltd. will initiate its first buyback in three years, which is almost double the size of the earlier two buybacks and higher than market estimates. While the buyback is valued at Rs 18,000 crore, representing 10 crore shares or 2.4% of equity, it is not the highest in terms of equity percentage. In 2017, the Bengaluru-headquartered company repurchased 4.9% equity. The buyback price of Rs 1,800 is a 19% premium to the current market price. The record date, which will determine eligible shareholders for the Infosys buyback, is yet to be announced. The share repurchase process may take three to four months to complete, based on historical data. The stock has over 25.79 lakh owners.

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