India Business Journal - Infosys unveils its largest-ever share buyback programme of Rs 18,000 crore

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Infosys unveils its largest-ever share buyback programme of Rs 18,000 crore

IBJ Bureau
Sep 12, 2025

The board of directors of Infosys has approved the company’s largest-ever share buyback programme worth Rs 18,000 crore.

The IT services company will buy 10 crore fully paid-up equity shares of a face value of Rs 5 each representing up to 2.41 per cent of the total paid-up equity share capital at Rs 1,800 per share. This reflects a premium of around 19 per cent over closing price on September 11 of Rs 1,509.50 apiece on BSE.

With this, Infosys matches the biggest-ever share buyback programme of its larger competitor TCS, announced in 2022. TCS had then bought back 4 crore equity shares at Rs 4,500 per equity share for an aggregate consideration of Rs 18,000 crore.

Infosys will now seek shareholders’ approval to go ahead with the buyback programme.

The company had announced its first share buyback way back in 2017. At that time, Infosys had purchased 11.3 crore shares or up to 4.92 per cent of the paid-up equity share capital of the company at a price of Rs 1,150 per equity share, amounting to around Rs 13,000 crore.