Friday, September 12, 2025

Infosys announces its biggest-ever share buyback of Rs 18,000 crore at 19% premium

Infosys declared a buyback of shares worth Rupees eighteen thousand crore. This is the largest buyback since the company's listing. The company will buy shares at Rupees eighteen hundred apiece. This is nineteen percent higher than the current market price. The buyback aims to improve financial metrics and offer tax-efficient returns to shareholders.

from Tech-Economic Times https://ift.tt/HL28oU9

No comments:

Post a Comment

Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...