The Infosys share price is in focus today after the IT giant set November 14 as the record date for its largest ever, Rs 18,000 crore share, buyback. While the promoters have decided not to participate in the buyback, there is significant buzz across the street across the various contours of the buyback.

Let’s take a look at the key factors investor need to watch out ahead of this record date –

Infosys Buyback: What is happening

The conglomerate will buy back up to 10 crore equity shares through the tender offer route.

This represents 2.41% of the company’s total paid-up equity. The buyback price is fixed at Rs 1,800 per share, a 19% premium over the current market price.

Infosys Buyback: Record date explained

The record date is November 14. This determines which shareholders are e

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