Infosys announces ₹18,000 crore share buyback at a premium

Infosys Limited announced an update on its proposal to buy back up to 10,00,00,000 equity shares, representing 2.41% of its total paid-up equity share capital, for a total consideration of ₹18,000 crore. The buyback price is set at ₹1,800 per equity share, payable in cash. This price reflects premiums of 15.60% and 16.99% over the volume-weighted average market price on BSE and NSE, respectively, for the three months ending September 8, 2025.

The buyback, approved by the board of directors on September 11, 2025, and shareholders via postal ballot, aims to return surplus cash to members and improve return on equity. The promoter and promoter group have opted not to participate. The company will file a draft letter of offer with the U.S. Securities and Exchange Commission (SEC) for regulatory purposes, with the final version to be filed in accordance with Indian regulations.

Eligible shareholders will be able to tender their shares during a five-working-day tendering period, expected to commence within two working days of the letter of offer dispatch. The record date for determining entitlement is expected to be around November 14, 2025.