When Is Infosys Buyback?
Infosys Share Price: Infosys' Buyback of Shares Started on June 25 and Will End on December 24 (6 Months from the Date of the Opening of the Buyback) Infosys...
Infosys Share Price: Infosys' buyback of shares started on June 25 and will end on December 24 (6 months from the date of the opening of the buyback) Infosys shares zoomed nearly 2 per cent to touch a 52-week high of ₹ 1,591 as the IT services giant is in the midst of a ₹ 9,200 crore share buyback.
How can I get Infosys buyback?
The Buyback will be executed via the Tender offer route. SEBI mandates that 15% of the total Buyback size has to be kept aside for retails investors(those holding shares worth up to Rs 2 lakh on the record date), which means Infy will have to set aside Rs 1,950 crore to buy shares from retail investors.
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Has Infosys buyback completed?
on Monday said it has almost completed its buyback programme and its buyback committee will meet on September 8 to consider closure of the buyback programme. Infosys board has approved an up to Rs 9,200 crore buyback plan, which commenced from June 25.
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