At meeting held on 19 August 2017
The Board of Infosys at its meeting held on 19 August 2017 has approved buyback of its fully paid equity shares of Rs 5 each for an amount not exceeding Rs 13000 crore. The Buyback offer size is 20.51% of the total paid up equity capital and free reserves of the Company.The buyback offer will comprise a purchase of upto 113,043,478 equity shares aggregating up to 4.92% of the paid up capital of the Company at a price of Rs 1150 per equity share.
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