Infosys Announces Record Rs 18,000 Crore Share Buyback At 19% Premium

Infosys Share Buyback: India’s second-largest IT services firm, Infosys, on September 11 approved a share buyback worth Rs 18,000 crore at a price of Rs 1,800 per share, the company said in a statement.

The buyback price represents a 19% premium to Thursday’s closing levels of Rs 1,509.50 on the BSE and Rs 1,512.20 on the NSE, where the stock ended more than 1% lower than the previous session. The programme accounts for 2.41% of Infosys’ equity capital and does not exceed 25% of the aggregate paid-up capital, according to the filing.

Backed by strong financials, Infosys reported cash and cash equivalents of over Rs 42,000 crore and free cash flow of more than Rs 20,000 crore in FY25, providing ample liquidity for shareholder payouts. The buyback will be funded from free reserves, in line with its capital allocation framework of returning 85% of free cash flow over five years through dividends and share repurchases.