SaralnamaInfosys promoters will not participate in the company's ₹18,000 crore share buyback program. The decision, announced, affects major shareholders like Nandan Nilekani and Sudha Murty. Promoters held 13.05% stake when the buyback was announced. The board approved the buyback, aiming to repurchase 10 crore fully paid-up equity shares at ₹1,800 per share. This represents 2.41% of the total equity share capital. Infosys plans to return about 85% of its free cash flow to shareholders over the next five years through dividends or buybacks. The company's stock closed at ₹1,472 on Tuesday, down 20% over the past year. Infosys, founded in 1981 by Narayana Murthy, is a major Indian IT firm with over 300,000 employees worldwide. (Updated 23 Oct 2025, 06:54 IST; source: link)
Key Points
- Infosys promoters will not participate in the company's ₹18,000 crore share buyback program
- The decision, announced on 22 Oct, affects major shareholders like Nandan Nilekani and Sudha Murty
- Promoters held 13.05% stake when the buyback was announced