Summary of this article
Infosys said that its board of directors have approved the buyback of up to a 100 million shares of the company for a sum of Rs 18,000 crore.
Infosys mentioned that the share buyback will take place at Rs 1800 per share.
Infosys said that the size of the buyback will not be more than 25 per cent of the aggregate paid-up capital and free reserves of the company.
Infosys Ltd shares are likely to be in focus on September 12 as the IT-enabled services provider has approved its largest share buyback so far. The company said in an exchange filing on September 11, that its board of directors have approved the buyback of up to a 100 million shares of the company at a face value of Rs 5 per share for a sum of Rs 18,000 crore.
“This has reference to our letter dated September 11, 2025, regarding the outcome of the meeting of the Board of Directors of Infosys Limited (“Company”) approving the proposal to buyback up to 10,00,00,000 fully paid-up equity shares of the Company of face value of Rs 5/- each for an amount aggregating up to Rs 18,000 Crore (Rupees Eighteen Thousand Crore only) in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018,” Infosys said in a filing.
Infosys Share Buyback
Infosys mentioned that the share buyback will take place at Rs 1800 per share. The price for the buyback has been set at a 19 per cent premium to the closing price of the stock on September 11. Shares of Infosys finished the session at Rs 1,512.2 apiece on the NSE down by 1.33 per cent.
The size of the buyback will not be more than 25 per cent of the aggregate paid-up capital and free reserves of the company based on the latest audited interim condensed standalone and consolidated financial statements of the company as on June 30, 2025. Notably, Infosys also mentioned that the buyback represents up to 2.41 per cent of the total number of equity Shares in the existing total paid-up equity share capital of the company.
Infosys added that the company will announce the record date for the buyback soon. The buyback proposal is yet to receive shareholder approval. A special resolution through a postal ballot which will be held to take into account the mandate of the shareholders.
The IT enabled company’s board has also formed a buyback committee to determine other aspects of the buyback. Infosys said in the filing that the current buyback will be made via the tender offer route. Securities Exchange Board of India also announced earlier in March that it plans to eventually phase out the open market buyback route. In a tender offer buyback the company conducting the re-purchase of shares sets a fixed price and buys shares from shareholders at that fixed price. The fixed price for the buyback is usually at a premium which in turn allows existing investors to benefit from the buyback.
Infosys Share Buyback History
The current buyback announced by Infosys Ltd is the fifth share re-purchase made by the IT company in the last eight years. Notably, Infosys conducted its last share buyback in 2022.
The size of the current buyback is nearly double the size of the previous buyback. Infosys announced a share buyback worth Rs 9,300 crore in 2022, repurchasing shares via the open market route at a maximum price of Rs 1,850 per share. Prior to the buyback conducted in 2022, Infosys has also made share buybacks of Rs 9200 crore in 2021, of Rs 8260 crore in 2019 and of Rs 13,000 crore in 2017.
Infosys’ decision to conduct a buyback comes at a time when IT stocks are facing pressure from weak global demand. The buyback can potentially improve return ratios and earnings per share by making the equity base smaller.
Infosys Share Price History
In the past one year shares of Infosys have declined over 21 per cent on the NSE. On a year-to-date basis shares of Infosys have slumped 19 per cent in 2025. In the last six months the IT-services providers’ shares have traded lower by over 5 per cent. In the last one month the stock has climbed more than 5 per cent and in the last five days Infosys shares have gained over 2 per cent.
