Infosys's ₹18,000cr buyback: What's in it for you?
Infosys is offering to buy back shares worth ₹18,000 crore between November 20 and 26.
If you owned shares by November 14, you can sell them to Infosys at ₹1,800 each—about 16% higher than the recent market price.
It's a way for the company to reward shareholders with some extra value.
How does this buyback work?
Infosys wants to buy up to 10 crore shares (about 2.4% of its total).
For small investors, roughly 18% of your shares might get accepted—maybe more if fewer people join in. Big investors will see a much lower acceptance rate.
The buyback could boost Infosys's earnings per share and help its stock price since there will be fewer shares out there.
Plus, Infosys covers the capital gains tax for you, making it a bit more tax-friendly than selling on the open market.
Why should you care?
If you're an Infosys shareholder or just curious about how big companies give back, this is worth knowing—especially since it could put some quick cash in investors' pockets and could potentially support Infosys's stock price in the future due to improved earnings per share and valuation metrics.