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  1. Infosys announces its largest-ever buyback programme worth ₹18,000 crore; key details you need to know

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Infosys announces its largest-ever buyback programme worth ₹18,000 crore; key details you need to know

Upstox

3 min read | Updated on September 12, 2025, 07:13 IST

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SUMMARY

Infosys buyback: Infosys will buy 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.

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Infosys buyback

Shares of the company closed at ₹1509.50 apiece, down by 1.51% compared to the previous close on the BSE, on Thursday. | Image: Shutterstock

Infosys buyback: Infosys, the IT services giant, on Thursday, September 11, announced that its board has approved the company’s largest-ever share buyback programme worth ₹18,000 crore.

Infosys will buy 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, which reflects a premium of around 19% over Thursday’s closing price on the BSE.

“The Board of Directors of the Company at their meeting held on September 11, 2025, has considered and approved a proposal to buy back equity shares for an amount of ₹18,000 crore at a price of ₹1,800 per equity share,” Infosys said in an exchange filing. At the end of the June 2025 quarter, the company had reported a free cash flow of $884 million (around ₹7,805 crore).

Shares of the company settled at ₹1509.50 apiece on the BSE on Thursday, down 1.51% compared to the previous close.

On the NSE, the stock ended at ₹1,512.20, down 1.33%.

Infosys will now seek shareholder's approval for going ahead with the buyback programme.

Infosys buyback history

Infosys launched its first share buyback in 2017, valued at ₹13,000 crore. The tender offer was executed at a price of ₹1,150 per share, enabling Infosys to repurchase around 11.3 crore shares.

The company announced its second buyback in 2019 when it repurchased shares worth ₹8,260 crore.

Continuing its policy of returning surplus cash, Infosys announced another open market buyback in 2021. The size was pegged at ₹9,200 crore, with a maximum price of ₹1,750 per share. This came at a time when the IT sector was witnessing robust demand amid global digital transformation.

The last buyback was conducted by the company in 2022 when it bought back shares worth ₹9,300 crore at ₹1,850 per share.

In another development, Infosys on Thursday announced a strategic alliance with HanesBrands Inc., a global leader in everyday iconic apparel. Under this ten-year engagement, Infosys will serve as HanesBrands’ strategic collaborator in their digital business applications and data landscape.

As part of this collaboration, Infosys will deploy its proprietary platforms—Live Enterprise Automation Platform (LEAP), integrated within Infosys Topaz, an AI-first suite of services, solutions, and platforms. This initiative will harness generative AI and AIOps technologies to help HanesBrands modernise core operations, enhance agility, simplify its IT landscape and unlock greater value from data, the company said in its press release.

With inputs from PTI
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