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Monday 12 April 2021

Infosys plans share buyback of up to Rs 12,000cr

The Infosys board is considering a share buyback proposal on Wednesday that would be the Bengaluru-based IT services company’s third in less than five years. Sources told TOI that the size of the buyback could be between Rs 10,000-12,000 crore, and at a price of Rs 1,650-1,670 apiece. On Friday, the Infosys stock closed at Rs 1,441 on the BSE.

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