Shares of Infosys jumped nearly 4% in opening trade on Tuesday after the country’s second-most-valued IT firm unveiled a share buyback plan. In an exchange filing on Monday evening, the IT major said its board will meet on September 11, 2025, to consider a proposal for the buyback of fully paid-up equity shares.

Reacting to the news, Infosys shares rose as much as 3.65% to ₹1,485 on the BSE, while its market capitalisation to ₹6.12 lakh crore. On Monday, the blue-chip stock had closed 0.81% lower at ₹1,432.65 per share.

Infosys has consistently rewarded its shareholders in recent years through multiple share buybacks, regular dividend payouts, and bonus issues. The latest development comes at a time when Infosys, along with other IT heavyweights, has been under selling pressure, weighed down by global economic headwinds and uncertainties surrounding potential Trump-era tariffs.

Currently, Infosys shares are down 26% from their 52-week high of ₹2,006.45, touched on December 13, 2024. However, the stock is up 13.6% from its 52-week low of ₹1,307.10, hit on April 7, 2025. Over the past year, Infosys has fallen 22%, while it is down 21% on a year-to-date (YTD) basis. The stock has shed 13% in the past six months but gained nearly 4% over the last month.

Meanwhile, the Nifty IT index was up 1.65%, with all 10 constituents trading in positive territory, led by sector heavyweights such as Wipro, HCLTech, Tata Consultancy Services (TCS), and Tech Mahindra.

The rally in the IT sector was driven by rising optimism that the U.S. Federal Reserve will cut interest rates later this month to support a weakening job market, which added far fewer positions in August than anticipated. At its September 16–17 policy meeting, Fed officials are widely expected to lower the benchmark rate by 25 bps, though some market participants are even pricing in the possibility of a 50 bps cut.

Infosys share buyback history

Infosys started its share buyback program in 2017, when the IT giant launched its first major buyback worth ₹13,000 crore via a tender offer. The company repurchased about 11.3 crore shares at ₹1,150 per share, completing the process in December that year.

Two years later, in 2019, Infosys bought back shares worth ₹8,260 crore through the open market route. The average buyback price was around ₹747–800 per share, and the IT major repurchased about 11.05 crore shares.

In 2021, Infosys announced another open market buyback of ₹9,200 crore at a maximum price of ₹1,750 per share. This time, the company repurchased around 5.58 crore shares, nearly half the 2017 level.

Most recently, in 2022, Infosys executed a ₹9,300-crore open market buyback at a cap of ₹1,850 per share, repurchasing nearly 6.04 crore shares, according to exchange data.

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