Infosys launched its largest buyback ever, repurchasing up to 10 crore shares at ₹1,800 each, with special benefits for small investors.

Infosys announced an ₹18,000 crore share buyback, set to run from November 20 to 26, 2025, its largest ever, repurchasing up to 10 crore shares at ₹1,800 each. Small shareholders, holding shares valued at ₹2 lakh or less as of November 14, are entitled to 15% of the buyback or their calculated share, whichever is higher, with a 2:11 tender ratio. General shareholders receive a 17:706 ratio. The buyback, funded by internal reserves, reflects management confidence and aligns with Infosys’ five-year plan to return ~85% of free cash flow via dividends and buybacks. Promoters will not participate. Buyback proceeds are taxable as dividends under current rules, affecting net returns, especially for higher-income investors. The move follows previous buybacks in 2017, 2019, and 2022–23. Infosys shares rose over 3% ahead of the buyback launch, though the stock remains down nearly 20% year-to-date.