Infosys Buyback 2019: Infosys made a buyback of 10.32 crore equity shares in January 2019 for Rs 8260 crore at Rs 800 per share.
“We’ve declared Rs 6,400 crore of dividend and Rs 9,200 crore in the buyback. Our cumulative payout for FY21 and FY20, which are the first two years of the capital allocation policy, we would have paid out 83 per cent of the 85 per cent. So in that sense, I think this is completely in line with our policy and that’s what the board also considered when deciding the amount of buyback,” Infosys Chief Financial Officer Nilanjan Roy told reporters.
Infosys Buyback 2021 Offer Details:
|Buyback Record Date:|
|Board Meeting Approval:||14 April 2021|
|Public Announcement:||14 April 2021|
|Buyback Open Date:||25 June 2021|
|Buyback Close Date:||24 Dec 2021|
|Buyback Offer:||₹9200 Crores|
|Buyback Offer Size:||14.85%|
|Number of Shares:|
|Share Face Value:|
₹5 per share
|Buyback Price:||₹1750 per Share|
|Buyback Type:|| Open Market|
Infosys buyback of – crore equity shares which is around 14.85% of all the existing number of equity shares at a price of ₹1750 per equity share. The buyback offer not exceeding of ₹9200 crore of total buyback offer size.
Infosys Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Infosys shares in their Demat account as record date – 2021. Investors can participate in the Infosys Buyback 2021 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Infosys buyback scheme.
Checkout Current Infosys Shares market price on NSE and BSE: Infosys Live Quote
Infosys Buyback 2021 FAQs:
Note: If anything you want to know about the buyback offer you can refer the Infosys buyback offer documents.