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

Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...