Infosys has announced that the buyback—its fifth and largest to date—will be executed via the tender offer route, under which shares are repurchased at a fixed price. The company has set the buyback price at Rs 1,800 per share, a 17 per cent premium to Thursday’s closing price. Advertisement

With Friday marking the record date for Infosys’ Rs 18,000 crore share buyback, shareholders have formally secured eligibility for participation. While no action is required on the record date itself, investor attention now turns to the road ahead.

Market expert Avinash Gorakshakar believes this increases the chances of the public shareholders securing a better return once tendering begins. If the acceptance ratio is roughly about 40-45 per cent, Then there is a good chance for investors to make mo

See Full Page