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  1. Infosys' ₹18,000 crore share buyback opens: Five key things to know

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Infosys' ₹18,000 crore share buyback opens: Five key things to know

SUMMARY

Infosys buyback: This is Infosys' fifth share buyback. The company had announced its first share buyback programme in 2017. Infosys, at that time, had purchased 11.3 crore shares, or up to 4.92% of the paid-up equity share capital of the company, for ₹1,150 per equity share, amounting to around ₹13,000 crore.

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Infosys buyback, Nov 20

Infosys posted a 13.2% increase in consolidated net profit at ₹7,364 crore for Q2 FY26. | Image: Shutterstock

Infosys buyback: Infosys’ much-awaited share buyback programme, its fifth and largest to date, opened on Thursday, November 20.

The buyback will conclude next week on Wednesday, November 26.

Here is a quick look at the details that matter.

  • The company aims to buy back 10 crore fully paid-up equity shares of a face value of ₹5 each, representing up to 2.41% of the total paid-up equity share capital, at ₹1,800 per share.

  • The ratio of buyback from the reserved category is set at 2:11; that is, 2 equity shares for every 11 equity shares held. For the general category, the ratio is 17:706.

  • Infosys promoters and the promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the buyback. The promoters collectively hold 13.05% of the company's equity as of the buyback announcement date.

  • This is Infosys' fifth share buyback. The company had announced its first share buyback programme in 2017. Infosys, at that time, had purchased 11.3 crore shares, or up to 4.92% of the paid-up equity share capital of the company, for ₹1,150 per equity share, amounting to around ₹13,000 crore.

The Bengaluru-headquartered company had, in 2022, announced a share buyback of ₹9,300 crore via an open market route for a maximum price of ₹1,850 per equity share.

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The second buyback was worth ₹8,260 crore in 2019, the third was ₹9,200 crore in 2021, and the fourth was ₹9,300 crore in 2022-23.

» Shares of Infosys have rallied over 5.56% over the past 30 days.

Infosys Q2 FY26 Results

Infosys posted a 13.2% increase in consolidated net profit at ₹7,364 crore for the second quarter ended September 30 (Q2 FY26), mainly on account of large deal wins.

The company had posted a net profit of ₹6,506 crore a year ago.

Its revenue from operations grew 8.6% to ₹44,490 crore during the quarter from ₹40,986 crore logged in the year-ago period.

The company increased the lower base of the growth outlook for FY26 to 2-3% in constant currency terms from the 1-3% it had projected in the June 2025 quarter.

"We had a strong performance in Q2. Our operating margin was 21%. Deals were at $3.1 billion, out of which 67% was net new work. In addition, we announced a mega deal worth $1.6 billion after the close of the quarter. We have added 8,000 employees during the quarter," Infosys MD and CEO Salil Parikh said.

With PTI inputs
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