Infosys' Rs 18,000-crore share buyback has drawn tendering of more than 500 million shares, five times the offer size, as investors evaluate entitlements, tax treatment
For an investor in the lower tax slabs, it would be better to participate in the Infosys buyback as it would leave them with higher proceeds, analysts said
Infosys share price on November 7, 2025: At 9:50 AM, the scrip was down 0.74 per cent at ₹1,455.35, while the BSE Sensex was trading 0.6 per cent lower at 82,809.14.
Infosys will buy back 100 million shares at an average price of ₹1,800, representing 2.41 per cent of its paid-up equity capital
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its closing share price of ₹1,509.50 on Thursday
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its Thursday closing share price
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Infosys shares have historically rebounded post buyback approvals over long term, rising 22 per cent over six months in 2021. Will this time be any different?
Infosys shares rose after it said that its board will consider a share buyback proposal at its meeting on September 11, 2025.
CLOSING BELL: Individually, Punjab and Sind Bank (PSB), Bank of India, Bank of Baroda, Central Bank of India, Indian Overseas Bank, and UCO Bank gained between 6 per cent and 15 per cent
Market players said buyback will support the stock price in the interim
The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively
However, they have not specified the quantum of the buyback the company could announce. Infosys is scheduled to announce its Q2-FY23 numbers on October 12
The buyback could be worth Rs 10,000 - 12000 crore (around 2 per cent of market cap) at a price of Rs 1650- 1670 per share, a media report said
Shares of Infosys closed the session down 2.23 per cent at Rs 785 on Tuesday
In January, Infosys had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity share
The company in January had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity share
The company had said it would spend Rs 13,000 crore in buying back 4.92 per cent of its paid-up equity share capital at a price of Rs 1,150 a piece
The founders and families classified as promoters group held 29.28 crore shares
While the 'entitlement ratio' for retail shareholders is 28 per cent, the 'acceptance ratio' could be as high as 50 per cent, say brokers