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Infosys’ buyback offer opens today

| Updated on March 19, 2019 Published on March 19, 2019

 

The six-month buyback offer of Infosys opens on Wednesday. The IT major plans to mop up shares from the open market at a maximum price of ₹800 a share amounting to ₹8,260 crore. It may be recalled that in 2017, the company had launched its maiden buyback offer worth ₹13,000 crore at ₹1,150 a share and bought back around 11.30 crore shares. Investors and shareholders will closely monitor the daily disclosure by Infosys on the buyback.

Published on March 19, 2019
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