Overview

• Infosys’ board approved the repurchase of 10 crore shares via the tender route, equal to about 2.41% of the company’s equity.
• The buyback price is Rs 1,800 per share, roughly a 19% premium to the pre-announcement close, and the programme will be funded from free reserves within regulatory limits.
• The company will set a record date and seek approval through a special resolution by postal ballot, and completion typically takes several months.
• The move fits Infosys’ policy to return about 85% of free cash flow over FY25–29 and follows prior buybacks carried out between 2017 and 2023.
• Infosys shares rose more than 2% following the news as brokerages endorsed the plan, with some suggesting TCS may be prompted to consider a similar buyback.