Infosys’ buyback offer opens today

Updated - March 19, 2019 at 10:39 PM.

 

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 17:09