{"id":961190,"date":"2025-09-12T09:18:48","date_gmt":"2025-09-12T03:48:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=961190"},"modified":"2025-09-12T11:35:20","modified_gmt":"2025-09-12T06:05:20","slug":"infosys-board-approves-%e2%82%b918000-crore-share-buyback","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/12\/infosys-board-approves-%e2%82%b918000-crore-share-buyback\/","title":{"rendered":"Infosys board approves \u20b918,000 crore share buyback"},"content":{"rendered":"<p>Infosys, one of India\u2019s leading IT companies, has approved a share buyback of Rs 18,000 crore at Rs 1,800 per share through the tender offer route, repurchasing nearly 2.41% of its outstanding equity. This marks the company\u2019s fifth buyback since August 2017 and the largest so far, with plans to purchase 10 crore shares. The buyback price represents a 19.25% premium over Thursday\u2019s closing price of Rs 1,509.50. <\/p>\n<p>Following reports of the proposed buyback, Infosys shares slipped 1.51% on Thursday. Historically, the company\u2019s stock has underperformed immediately after such announcements but recovered within three to six months, gaining 5\u201310%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys, one of India\u2019s leading IT companies, has approved a share buyback of Rs 18,000 crore at Rs 1,800 per share through the tender offer route, repurchasing nearly 2.41% of its outstanding equity. This marks the company\u2019s fifth buyback since August 2017 and the largest so far, with plans to purchase 10 crore shares. The buyback price represents a 19.25% premium over Thursday\u2019s closing price of Rs 1,509.50. Following reports of the proposed buyback, Infosys shares slipped 1.51% on Thursday. Historically, the company\u2019s stock has underperformed immediately after such announcements but recovered within three to six months, gaining 5\u201310%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-961190","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/961190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=961190"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/961190\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=961190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=961190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=961190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}