Infosys to consider share buyback, special dividend on Jan 11 board meet

According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year

Country's second largest IT services company, Infosys will consider buyback of its shares apart from proposals of giving special dividend to shareholders as part of its capital allocation policy in its upcoming board meet on January 11.

"The board of the company will consider proposals including buyback of shares, payment of special dividend, for implementation of the capital allocation policy at its meeting to be held on January 11, 2019," the Bengaluru-headquartered company said in a filing on exchanges on Tuesday.

According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back