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Infosys completes buyback of over 5.58 crore equity shares

14 Sep 2021 Evaluate

Infosys has completed buyback over 5.58 crore equity shares as part of its about Rs 9,200 crore buyback offer. The shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share. The company bought back a total of 5,58,07,337 equity shares (1.31 per cent of the pre-buyback paid-up equity share capital of the company) and the total amount utilised towards the buyback is Rs 9199,99,99,599.80 (excluding transaction costs).

The highest price at which the equity shares were bought back was Rs 1,750, while the lowest price was Rs 1,538.10 per equity share. The equity shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share.

Infosys is a global leader in next-generation digital services and consulting.

Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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