Infosys buyback plan: Board to consider equity repurchase; company to hold key meeting on September 11
0 1 min 7 mths


Infosys buyback plan: Board to consider equity repurchase; company to hold key meeting on September 11

Infosys, Indiaโ€™s second-largest IT services company, on Monday said its board will consider a proposal for the buyback of equity shares on September 11, PTI reported.In a BSE filing, the company said, โ€œ…the Board of Directors of Infosys Limited will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on September 11, 2025, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended.โ€Infosys added that the outcome of the board meeting will be communicated to stock exchanges after its conclusion on September 11.It is worth noting that in 2022, the Bengaluru-headquartered firm had announced a Rs 9,300 crore share buyback through the open market route at a maximum price of Rs 1,850 per equity share.



Leave a Reply

Your email address will not be published. Required fields are marked *