Infosys board gives nod to Rs 18,000-crore share buyback

Infosys board gives nod to Rs 18,000-crore share buyback

Infosys’s board has approved a share buyback proposal to the tune of Rs 18,000 crore. 

The buyback — approved at Rs 1,800 per share — will be at a premium of 19.2 per cent over the current market price and comprise 2.41 per cent of the IT major’s equity. | Image: infosys.com

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