Google

Infosys sets Nov 14 as record date for its ₹18,000 crore share buyback; check details here

/2 min read

ADVERTISEMENT

Ending a two-session losing streak, Infosys shares opened 0.26% higher at ₹1,470 on the BSE, while its market capitalisation rose to ₹6.10 lakh crore.
THIS STORY FEATURES
Infosys Ltd Fortune 500 India 2024
Infosys sets Nov 14 as record date for its ₹18,000 crore share buyback; check details here
Infosys announced a share buyback scheme of ₹18,000 crore at a floor price of ₹1,800 per share Credits: Fortune India

Infosys , the country’s second-largest IT services company, has fixed November 14 as the record date for its ₹18,000 crore share buyback. The proposal, the IT major’s fifth and largest buyback as a public company, was approved by shareholders with a strong majority of 98.81%. The buyback will take place through a tender process.

Ending a two-session losing streak, Infosys shares opened 0.26% higher at ₹1,470 on the BSE, while its market capitalisation rose to ₹6.10 lakh crore. The blue-chip IT stock has fallen nearly 1.5% in the past two sessions.

Currently, Infosys shares are down 36.5% from their 52-week high of ₹2,006.45, touched on December 13, 2024. However, the stock is up 11% from its 52-week low of ₹1,307.10, hit on April 7, 2025. Over the past year, Infosys has fallen 19%, while it is down 3% on a six-month basis.

In an exchange filing last evening, Infosys said, “The company has fixed Friday, November 14, 2025, as the record date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.”

fortune magazine cover
Fortune India Latest Edition is Out Now!
Global Brands, Indian Sheen

October 2025

As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.

Read Now

On September 11, 2025, Infosys announced a share buyback scheme of ₹18,000 crore at a floor price of ₹1,800 per share and is looking to mop up to 10,00,00,000 shares, or approximately 2.41% of the company’s outstanding shares.

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.

The Bengaluru-based IT major started its share buyback program in 2017, when it 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.

 (DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.