Infosys Launches Rs 18,000 Crore Share Buyback

Infosys Ltd has started its Rs 18,000 crore share buyback on Thursday
(November 20). The buyback will remain open for subscriptions until November 26.
The company had fixed November 14 as the record date to identify eligible
shareholders.

Infosys plans to buy back 10 crore fully paid-up shares with a face value of
Rs 5 each. This represents about 2.41% of its total paid-up share capital.
The company will buy each share for Rs 1,800.