Infosys shares jump 4%: IT giant’s stock surges ahead of record Rs 18,000 crore buyback; subscription opens November 20

Infosys shares surged following the announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The program, opening November 20, aims to repurchase 10 crore shares at Rs 1,800 each. This move, designed to return surplus funds to shareholders, saw the IT giant's market value climb significantly. The offer includes a reserved segment for small shareholders.

Infosys shares jump 4%: IT giant’s stock surges ahead of record Rs 18,000 crore buyback; subscription opens November 20
Infosys shares surged following the announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The program, opening November 20, aims to repurchase 10 crore shares at Rs 1,800 each. This move, designed to return surplus funds to shareholders, saw the IT giant's market value climb significantly. The offer includes a reserved segment for small shareholders.