Infosys Share Buyback
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Infosys Founders Nandan Nilekani, Sudha Murty Opt Out Of Rs 18,000-Crore Buyback
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
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Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
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Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
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Infosys' Rs 13,000 Crore Share Buyback Offer Opens On November 30
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
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Infosys Fixes November 1 As Record Date For Rs 13,000-Crore Share Buyback
Infosys has also fixed November 1 as the record date for payment of interim dividend.
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Promoters Intend To Participate In Rs 13,000 Crore Infosys Share Buyback
This comes after a prolonged acrimony between founders and Infosys management over alleged corporate governance lapses.
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Why Infosys Shares Are A Good Bet For Retail Investors Now
Reliance Securities says that Infosys is a good bet for retail investors at this juncture given the buyback price of Rs 1,150 is around 32 per cent higher than Monday's closing price of Rs 873.50.
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'Vishal Sikka Blaming Narayana Murthy To Cover Up His Bad Performance'
"Vishal Sikka wanted to leave from February by his own admission," said Mohandas Pai.
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Infosys Shares Fall 15% In Two Days. Should You Buy Now?
Today's fall in Infosys shares came despite the company announcing a Rs 13,000 crore share buyback on Saturday, at a price which is 25 per cent higher than Friday's closing price.
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Infosys Offers To Buy Back $2 Billion Of Shares As Vishal Sikka Quits
Dr Sikka helped boost Infosys's revenue by about 25 per cent since taking the helm three years ago.
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A Day After Vishal Sikka's Resignation, Infosys Announces Rs 13,000 Crore Buyback
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.
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Infosys Buyback Now The Focus After Vishal Sikka's Resignation
Infosys chairman R Seshasayee on Friday said the buyback decision will not be affected by Vishal Sikka's resignation.
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Infosys Is Blowing Its Big Chance At Redemption
It's the transparency that made Infosys the first Indian tech company to trade on Nasdaq in 1999.
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Infosys To Consider Share Buyback Proposal On Saturday
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 Founders Nandan Nilekani, Sudha Murty Opt Out Of Rs 18,000-Crore Buyback
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company's Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
-
Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
-
Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
-
Infosys' Rs 13,000 Crore Share Buyback Offer Opens On November 30
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
Infosys has also fixed November 1 as the record date for payment of interim dividend.
-
Promoters Intend To Participate In Rs 13,000 Crore Infosys Share Buyback
This comes after a prolonged acrimony between founders and Infosys management over alleged corporate governance lapses.
-
Why Infosys Shares Are A Good Bet For Retail Investors Now
Reliance Securities says that Infosys is a good bet for retail investors at this juncture given the buyback price of Rs 1,150 is around 32 per cent higher than Monday's closing price of Rs 873.50.
-
'Vishal Sikka Blaming Narayana Murthy To Cover Up His Bad Performance'
"Vishal Sikka wanted to leave from February by his own admission," said Mohandas Pai.
-
Infosys Shares Fall 15% In Two Days. Should You Buy Now?
Today's fall in Infosys shares came despite the company announcing a Rs 13,000 crore share buyback on Saturday, at a price which is 25 per cent higher than Friday's closing price.
-
Infosys Offers To Buy Back $2 Billion Of Shares As Vishal Sikka Quits
Dr Sikka helped boost Infosys's revenue by about 25 per cent since taking the helm three years ago.
-
A Day After Vishal Sikka's Resignation, Infosys Announces Rs 13,000 Crore Buyback
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
Infosys chairman R Seshasayee on Friday said the buyback decision will not be affected by Vishal Sikka's resignation.
-
Infosys Is Blowing Its Big Chance At Redemption
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
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.
