Don’t miss the latest developments in business and finance.

Infosys updates on proposed buyback of shares

Image
Capital Market
Last Updated : Nov 17 2017 | 7:28 PM IST

Buyback opens on 30 November 2017 and closes on 14 December 2017

Infosys announced the details of the proposed buyback of shares -

Record date for buyback of shares - 01 November 2017
Buyback opens on 30 November 2017
Buyback closes on 14 December 2017

Last date of receipt of completed tender forms and other specified documents including physical share certificates by the RTA - 18 December 2017
Last date of Settlement of bids on the stock exchange - 26 December 2017.

The buyback offer will comprise a purchase of up to 11,30,43,478 Equity Shares, aggregating to 4.92% of the paid-up equity share capital of the Company at a price of Rs 1,150 per Equity Share for an amount not exceeding Rs 13000 crore.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 17 2017 | 7:05 PM IST

Next Story