Friday, November 14, is the record date for the Infosys share buyback, which is the biggest in the company's history.
The eligible shareholders for the ₹18,000 crore share buyback will be determined after today's trading session. This means that anyone, who has shares of Infosys at the end of today's trading session, will be eligible to participate in the share buyback.
Infosys has announced that the buyback will be carried out via the tender offer route, which means that shares are repurchased at a fixed price. The buyback price has been fixed at ₹1,800 per share, which is a 17% premium to Infosys' previous closing price on Thursday.
The buyback dates are yet to be disclosed.
Promoters of Infosys have made it clear that they will not be participating in the share buyback, thereby incr

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