Infosys Share Buyback 2025 Open Till November 26: Should You Tender Your Shares

Infosys’ Rs 18,000-crore share buyback, one of the largest in the IT sector this year, opened for tendering on November 20. Shareholders will have until November 26 to submit their shares. On November 21, Infosys’ stock settled at Rs 1,545 apiece on the NSE, up 0.55 per cent from the previous close.

The buyback programme was approved by the company’s board on September 11 and later cleared by shareholders on November 6.

Infosys Share Buyback 2025: Key Details

Issue Size: Under the buyback plan, Infosys will repurchase up to 100 million equity shares, amounting to 2.41 per cent of its paid-up equity capital. The total buyback size is Rs 18,000 crore.

Issue Type: Infosys share buyback is being carried out through the tender offer route on both the NSE and BSE. In this method, shareholders can tender (sell) their shares at the fixed buyback price, and if the response exceeds the intended quantity, shares are accepted on a proportionate basis.

Buyback Price: The company is repurchasing its shares at Rs 1800 apiece, a discount of 14.17 per cent from November 21’s closing price of Rs 1545 apiece on the NSE.

Eligibility: The record date for determining eligible shareholders was set as November 14. That means, investors who were on the company's books as of November 13, are eligible to tender their shares.

Entitlement Ratios: For small shareholders, Infosys has reserved 1.5 crore shares, with an entitlement ratio of 2 shares for every 11 held as of the record date. In the general category, 8.5 crore shares have been allocated, with an entitlement ratio of 17 shares for every 706 held.

Infosys Share Buyback 2025: Key Timelines

Last Date to Tender Shares: November 26, 2025

Finalisation of Acceptance: December 2, 2025

Settlement of Bids: December 3, 2025

Extinguishment of Shares: December 12, 2025

Infosys Share Buyback 2025: Should You Tender Your Shares

For investors, the decision to tender or hold depends on how they view the company’s financial strength, earnings outlook and current valuation.

Infosys Q2FY26 Results

Infosys has consistently performed well in the past, with its revenue registering a compounded annual growth rate (CAGR) of 11 per cent over the last five years from FY21 to FY25, and its net profits logging a CAGR growth of 6.66 per cent during the same period.

As of its recent quarterly performance, Infosys delivered largely in-line earnings to D-Street estimates.  

For the quarter ended September 30, 2025 (Q2FY26), the IT company reported a consolidated revenue of Rs 44,490 crore, up 8.6 per cent from Rs 40,986 crore reported in the same quarter of the previous year. The IT giant's gross profit came in at Rs 13,690 crore, 9.4 per cent up from Rs 12,512 crore in the year ago period.

Its operating profit margin stood at 21 per cent, slightly shrinking from 21.10 per cent in the year ago period. Infosys' net profit grew 13.20 per cent year-on-year (y-o-y) to Rs7,364 crore, up from Rs 6,506 crore.

Infosys FY26 Guidance

Infosys revised its FY26 revenue growth guidance to a range of 2 per cent to 3 per cent in constant currency terms, up from the previous 1 per cent to 3 per cent. For Q2FY26, the company’s revenue in constant currency grew 2.9 per cent y-o-y. The company has maintained its operating margin guidance at 20 per cent to 22 per cent for FY26.

One of the key reasons behind the upgraded forecast is the growing momentum in enterprise artificial intelligence (AI) and automation projects. CEO Salil Parekh during the recent post-earnings conference call said that clients are now moving beyond proof-of-concepts and are starting to implement large-scale AI and automation initiatives. This shift, he noted, is a positive sign for the broader IT services industry, as it indicates stronger demand for technology-led transformation.

Infosys Dividend, Bonus History

Infosys has a long history of rewarding its shareholders through dividends and bonus shares. According to BSE website, the IT company declared 54 dividends so far since October 2000.

In the past 12 months, Infosys declared dividends on two occasions, one Rs 23 and second Rs 22, amounting to a total dividend of Rs 45. At the closing price on November 21, Infosys' dividend yield stands at 2.91 per cent.

Infosys has issued bonus shares on four occasions. It issued one bonus issue each in 2018 and 2015, and two bonus issues in 2014, all in 1:1 ratio. That means, eligible shareholders received one additional shares for each shares they held.

Infosys Valuation

On the valuation front, Infosys’ shares trades at a price-to-earnings (P/E) multiple of 22.84, comfortably below the industry’s P/E multiple of 25.68, as per data rooted from Trendlyne.  

For investors seeking short-term gains or intends to book partial profits, tendering shares now would provide them with a gain of 16.50 per cent, as of the current market price.

For long-term investors, the decision depends on their conviction in the company’s ability to deliver stronger growth going forward. They may prefer to stay invested, given Infosys’ strong brand, consistent dividends, solid governance record, and strategic positioning in cloud, digital and AI-led transformation.