Infosys to kick off its largest-ever share Buyback of Rs 18,000 crore on 20 November

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.

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