Daijiworld Media Network - Mumbai

Mumbai, Nov 20: Infosys’ largest-ever share buyback programme, valued at Rs 18,000 crore, opened for investors on Thursday and will remain active until November 26. The repurchase plan, approved overwhelmingly by shareholders on November 6 with 98.81% votes in favour, permits the IT major to buy back up to 10 crore fully paid-up equity shares at a fixed price of Rs 1,800 each, according to reports.

Only shareholders who held Infosys stock as of the record date, November 14, are eligible to participate. The buyback is being executed via the tender offer route on a proportionate basis, with Kotak Mahindra Capital Company serving as manager and KFin Technologies as registrar.

In a regulatory filing, Infosys confirmed that the repurchase window will remain

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