Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Infosys' founders opted out of its ₹18,000 crore share buyback, the largest in its history.

Infosys promoters, including co-founders Nandan Nilekani and Sudha Murty, have opted out of the company’s ₹18,000 crore share buyback, according to a regulatory filing. The buyback, the largest in Infosys’ history, aims to return 85% of free cash flow over five years. The company plans to repurchase up to 10 crore shares at ₹1,800 each, reducing equity and boosting shareholder value. The stock closed at ₹1,472 on Tuesday, up 0.72%.

16 Articles