Infosys said the buyback will be executed via the tender offer route at a price of ₹1,800 per share. Infosys approves share buyback worth $2 billion at a time when the IT industry faces global headwinds, yet continues to focus on creating investor value.

This is the fifth buyback by the Bengaluru-based company, with the previous one carried out in 2022-2023. Market experts note that Indian IT companies, being service-driven and investor-friendly, continue to prefer buybacks. However, analysts like Gaurav Vasu, founder of UnearthInsight, believe Infosys should also focus on mergers, acquisitions, and building AI and cloud-based products to match U.S. tech giants.

After the announcement, U.S.-listed shares of Infosys were up 0.03% at $16.99. However, its shares in Mumbai closed 1.5% lower at ₹1,509.7.

The buyback reflects Infosys’s strategy to balance shareholder returns while strengthening investor confidence in a challenging global IT landscape.

The post Infosys Approves Share Buyback Worth $2 Billion appeared first on India Podcast.