Infosys proposes large equity share buyback program

Infosys has announced a postal ballot to seek shareholder approval for a buyback of its equity shares. The proposed buyback offer size is INR 18,000 crore, representing 24.31% and 21.68% of the aggregate of the total paid-up share capital and free reserves on a standalone and consolidated basis, respectively, as of June 30, 2025. The buyback price is set at INR 1,800 per equity share.

The company aims to buy back approximately 10 crore equity shares, constituting about 2.41% of its total paid-up equity share capital. The buyback will be conducted through a tender offer route on a proportionate basis, with 15% reserved for small shareholders. The remote e-voting period for this resolution will commence on October 6, 2025, and conclude on November 4, 2025.

The board of directors confirmed that following the buyback, Infosys will be able to meet its liabilities and will not be rendered insolvent. The buyback aligns with the company's capital allocation policy, which aims to return approximately 85% of free cash flow cumulatively over a five-year period to shareholders.