Infosys Share Buyback 9300 Cr | Open Market Buyback | 2022 | Dividend
It is Infosys 4th buyBack
IT-giant Infosys board of directors approved the buyback proposal for its own fully paid-up equity shares of the face value of ₹5 each from the company's equity shareholders. The buyback proposal is aggregated to ₹9,300 crore. The board has also fixed the buyback price at a premium of ₹1,850 per share. Additionally, the board also approved an interim dividend of ₹16.50 per equity share for its shareholders. The approval was granted on Thursday alongside the company's Q2 earnings.
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