's Rs 18,000 crore share buyback programme will open for subscription on Thursday (November 20) and close on November 26. The company had fixed November 14 as the record date to determine eligible shareholders.

Infosys plans to repurchase 10 crore fully paid-up equity shares of face value Rs 5 each, representing up to 2.41 per cent of its total paid-up equity share capital. The buyback price has been set at Rs 1,800 per share. Advertisement

The buyback is divided into two segments: a reserved category for small shareholders and a general category. A small shareholder is one holding shares worth not more than Rs 2,00,000 as on the record date.

Infosys has 25,85,684 small shareholders. The reserved portion will be 15 per cent of the shares proposed to be bought back, or the entitlement o

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