At meeting held on 11 January 2019
The Board of Infosys at its meeting held on 11 January 2019 has approved the buyback of equity shares amounting to Rs 8260 crore (maximum buyback size) at a price not exceeding Rs 800 per share (maximum buyback price). Further, the board has also approved a special dividend of Rs 4 per share that would result in a payout of approximately Rs 2107 crore.After execution of the above, along with the special dividend of Rs 2633 crore already paid in June 2018, the company would complete the distribution of Rs 13000 crore to the shareholders, which was announced as part of its capital allocation policy in April 2018.
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