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Infosys Buyback: The record date for IT bellwether Infosys’ Rs 18,000-crore share buyback is later this week, giving investors one last chance to participate in the mega offer.
Infosys’ buyback record date is Friday, November 14, meaning only shareholders holding Infosys stock on or before this date will be eligible. Under the T+1 settlement system, investors must purchase Infosys shares by November 13.
Infosys Buyback Details
The buyback will be conducted via the tender offer route, with the company setting a buyback price of Rs 1,800 per share, representing an over 18% premium to the last closing price of Rs 1,514.60 on the BSE on Monday. Infosys plans to repurchase up to 10 crore equity shares, or 2.41% of its paid-up capital.
The buyback is open to all sha

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