New Delhi: Infosys shares jumped nearly 5 percent on Tuesday after the company said its board will consider a proposal for buyback of equity shares on September 11.
The stock rose 4.70 percent to Rs 1,500 on the BSE.
It rose 4.68 percent to Rs 1,502.80 on the NSE.
No other details were given in the notice filed by Infosys to the BSE about the buyback.
“The board of directors of Infosys Limited will, at its meeting scheduled to be held on September 11, 2025, consider a proposal for buyback of fully paid-up equity shares of the company, in accordance with the Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018, as amended,” the company said in a regulatory filing on Monday.
The results of the board meeting will be circulated to the stock exchanges after the conclusion of the board meeting on September 11, 2025.
It is pertinent to mention here that the Bengaluru-based company had announced share buyback of Rs 9,300 crore through the open market in 2022 at a maximum price of Rs 1,850 per equity share.
