Infosys Closes Rs 8,260 Crore Buyback Offer; Shares Fall
Business | Edited by Abhishek Jejani | Tuesday August 27, 2019
In January, the company had announced that it will buy back shares for an amount aggregating up to Rs 8,260 crore (maximum buyback size).
Sensex, Nifty Little Changed; Infosys, Wipro Gain; Indian Oil, BPCL, HPCL Fall
Business | NDTV Profit Team | Wednesday March 20, 2019
Sensex and Nifty were trading flat as gains in Infossys and HDFC were offset by losses in Reliance Industries and Kotak Mahindra Bank.
Infosys Announces Share Buyback Worth Rs 8,260 Crore
Business | Agence France-Presse | Friday January 11, 2019
Infosys' rival Tata Consultancy Services on Thursday reported a 24.1 per cent rise in net profit for the quarter ending in December.
Infosys Board To Consider Share Buyback, Special Dividend
Business | Indo-Asian News Service | Tuesday January 8, 2019
Infosys had completed its maiden buyback of 11.3-crore equity shares in December 2017 of Rs 5 face value for Rs 13,000 crore at Rs 1,150 per share.
Infosys' Rs 13,000 Crore Share Buyback Offer Opens On November 30
Business | Indo-Asian News Service | Saturday November 18, 2017
Infosys would buy back 11.30 crore equity shares by paying Rs 13,000 crore at the price of Rs 1,150 per share from November 30
Infosys Fixes November 1 As Record Date For Rs 13,000-Crore Share Buyback
Business | Press Trust of India | Monday October 9, 2017
Infosys has also fixed November 1 as the record date for payment of interim dividend.
Infosys Founders' Participation In Buyback Not To Send Wrong Signal: Former CFO
Business | Press Trust of India | Wednesday August 30, 2017
The promoters' keenness to participate in the buyback comes within days of upheaval at the Infosys board, which first saw CEO Vishal Sikka quitting citing slander by founders.
Promoters Intend To Participate In Rs 13,000 Crore Infosys Share Buyback
Business | Press Trust of India | Monday August 28, 2017
This comes after a prolonged acrimony between founders and Infosys management over alleged corporate governance lapses.
'Vishal Sikka Blaming Narayana Murthy To Cover Up His Bad Performance'
Business | Press Trust of India | Monday August 21, 2017
"Vishal Sikka wanted to leave from February by his own admission," said Mohandas Pai.
A Day After Vishal Sikka's Resignation, Infosys Announces Rs 13,000 Crore Buyback
Business | Saturday August 19, 2017
The share buyback price of Rs 1,150 set by the board, is at 25 per cent premium to its Friday's closing price of Rs 923.10 on Bombay Stock Exchange and may lead to a positive opening of shares on Monday, analysts say.
Infosys Buyback Now The Focus After Vishal Sikka's Resignation
Business | NDTV Profit Team | Saturday August 19, 2017
Infosys chairman R Seshasayee on Friday said the buyback decision will not be affected by Vishal Sikka's resignation.
Opinion: Infosys Is Blowing Its Big Chance At Redemption
Opinion | Andy Mukherjee, Bloomberg Gadfly | Thursday August 17, 2017
It's the transparency that made Infosys the first Indian tech company to trade on Nasdaq in 1999.
Infosys To Consider Share Buyback Proposal On Saturday
Business | Friday August 18, 2017
IT companies are under pressure to increase shareholder's return amid slowing growth in their core business led by automation and a crackdown on visas in some countries.
Infosys To Return $2 Billion To Shareholders, Could Placate Founders
Business | NDTV News Desk | Thursday April 13, 2017
Infosys board has recently been accused of governance lapses and salary increases for top executives, and has been urged to reward shareholders through a share buyback.
Infosys Q4 Earnings: 5 Things To Watch Out
Business | Thursday April 13, 2017
Infosys earnings and guidance will be closely watched by investors and the analysts as the IT sector is going through a turbulent phase amid crackdown on H-1B visas by the Trump administration and broad changes in the technological landscape.
Infosys Closes Rs 8,260 Crore Buyback Offer; Shares Fall
Business | Edited by Abhishek Jejani | Tuesday August 27, 2019
In January, the company had announced that it will buy back shares for an amount aggregating up to Rs 8,260 crore (maximum buyback size).
Sensex, Nifty Little Changed; Infosys, Wipro Gain; Indian Oil, BPCL, HPCL Fall
Business | NDTV Profit Team | Wednesday March 20, 2019
Sensex and Nifty were trading flat as gains in Infossys and HDFC were offset by losses in Reliance Industries and Kotak Mahindra Bank.
Infosys Announces Share Buyback Worth Rs 8,260 Crore
Business | Agence France-Presse | Friday January 11, 2019
Infosys' rival Tata Consultancy Services on Thursday reported a 24.1 per cent rise in net profit for the quarter ending in December.
Infosys Board To Consider Share Buyback, Special Dividend
Business | Indo-Asian News Service | Tuesday January 8, 2019
Infosys had completed its maiden buyback of 11.3-crore equity shares in December 2017 of Rs 5 face value for Rs 13,000 crore at Rs 1,150 per share.
Infosys' Rs 13,000 Crore Share Buyback Offer Opens On November 30
Business | Indo-Asian News Service | Saturday November 18, 2017
Infosys would buy back 11.30 crore equity shares by paying Rs 13,000 crore at the price of Rs 1,150 per share from November 30
Infosys Fixes November 1 As Record Date For Rs 13,000-Crore Share Buyback
Business | Press Trust of India | Monday October 9, 2017
Infosys has also fixed November 1 as the record date for payment of interim dividend.
Infosys Founders' Participation In Buyback Not To Send Wrong Signal: Former CFO
Business | Press Trust of India | Wednesday August 30, 2017
The promoters' keenness to participate in the buyback comes within days of upheaval at the Infosys board, which first saw CEO Vishal Sikka quitting citing slander by founders.
Promoters Intend To Participate In Rs 13,000 Crore Infosys Share Buyback
Business | Press Trust of India | Monday August 28, 2017
This comes after a prolonged acrimony between founders and Infosys management over alleged corporate governance lapses.
'Vishal Sikka Blaming Narayana Murthy To Cover Up His Bad Performance'
Business | Press Trust of India | Monday August 21, 2017
"Vishal Sikka wanted to leave from February by his own admission," said Mohandas Pai.
A Day After Vishal Sikka's Resignation, Infosys Announces Rs 13,000 Crore Buyback
Business | Saturday August 19, 2017
The share buyback price of Rs 1,150 set by the board, is at 25 per cent premium to its Friday's closing price of Rs 923.10 on Bombay Stock Exchange and may lead to a positive opening of shares on Monday, analysts say.
Infosys Buyback Now The Focus After Vishal Sikka's Resignation
Business | NDTV Profit Team | Saturday August 19, 2017
Infosys chairman R Seshasayee on Friday said the buyback decision will not be affected by Vishal Sikka's resignation.
Opinion: Infosys Is Blowing Its Big Chance At Redemption
Opinion | Andy Mukherjee, Bloomberg Gadfly | Thursday August 17, 2017
It's the transparency that made Infosys the first Indian tech company to trade on Nasdaq in 1999.
Infosys To Consider Share Buyback Proposal On Saturday
Business | Friday August 18, 2017
IT companies are under pressure to increase shareholder's return amid slowing growth in their core business led by automation and a crackdown on visas in some countries.
Infosys To Return $2 Billion To Shareholders, Could Placate Founders
Business | NDTV News Desk | Thursday April 13, 2017
Infosys board has recently been accused of governance lapses and salary increases for top executives, and has been urged to reward shareholders through a share buyback.
Infosys Q4 Earnings: 5 Things To Watch Out
Business | Thursday April 13, 2017
Infosys earnings and guidance will be closely watched by investors and the analysts as the IT sector is going through a turbulent phase amid crackdown on H-1B visas by the Trump administration and broad changes in the technological landscape.
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