Bengaluru, September 12: India’s second largest IT company Infosys Ltd’s board has approved a Rs.18,000 crore share buyback programme. The company is offering Rs.1,750 per share- a 19% premium- to buy back about 2.41% of the equity shares, as per an exchange filing on Friday, September 12.
“The Board of Directors of the Company at their meeting held on September 11, 2025, has considered and approved a proposal to buyback equity shares for an amount of Rs 18,000 crore at a price of Rs 1,800 per equity share,” the company said.
Following the announcement, Infosys’s shares rose 2%, reflecting investors optimism and the potential to boost shareholder value.
This is the fifth buyback scheme announced by the Bengaluru-based company. The company had earlier announced buybacks in 2017, 2019, 2021 and 2023, buying back Rs.39,760 crore in total.
This buyback would involve about 10 crore shares, making it the biggest ever since the company listed in India back in 1993.
Even as the Indian IT sector grapples with ever-increasing instances of layoffs and the constant need to upgrade its systems as per client demands, Infosys has been ramping up its R&D investments, mainly on the back of its substantial cash reserves. Last month, the company was in the news for its Rs.1,300 crore acquisition of Australian digital transformation company Versant Group.
The company continues to perform well, with its revenues rising 3.8% YoY in the latest June-August quarter with more than Rs.78,000 crores in cash reserves.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
