Infosys to kick off its largest-ever share Buyback of Rs 18,000 crore on 20 November
By
Binu Mathew
IT services giant Infosys’ largest-ever share buyback programme worth Rs 18,000 crore is set to open for subscription on Thursday, and will close on November 26, according to a regulatory filing.
The company aims to buy back 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share.
