Infosys share price rises over 2% on record ₹18,000 crore buyback program; here's how many shares it plans to buy

Infosys share price: This share buyback program by Infosys matches the biggest-ever such scheme by IT major TCS. In 2022, Tata Consultancy Services had bought back 4 crore shares at ₹4,500 per share, for a consideration of ₹18,000 crore. Infosys share price: Shares of information technology services major Infosys rose over 2% on Friday, September 12, after the company's board of directors approved its largest-ever share buyback programme valued at ₹18,000 crore. This share buyback programme by Infosys matches the biggest-ever such scheme by IT major TCS. In 2022, Tata Consultancy Services had bought back 4 crore shares at ₹4,500 per share, for a consideration of ₹18,000 crore. Infosys share price Shares of Infosys were trading 1.23% higher at ₹1,528.30 apiece the National Stock Exchange at 12:36 pm. Its market capitalisation stands at ₹6,34,583.41 crore. Intraday, it climbed as much as 2.19% to ₹1,542.9. In the last one week, the stock has gained 4%, while it climbed 7.3% in the month's period. In the three-month period, it descended 2.95%, while slumped 18.38% year-to-date. Infosys buyback program: Here's how many shares it plans to repurchase In an exchange filing on September 11, Infosys said that it will buy 10 crore fully paid-up shares of a face value of ₹5 each, which is 2.41% of the total paid-up equity share capital, at ₹1,800 per equity share, a premium of 19.22% from Thursday’s closing price of ₹1,509.7 apiece on NSE. "The Board of Directors of the Company at their meeting held on September 11, 2025, has considered and approved a proposal to buyback equity shares for an amount of Rs 18,000 crore at a price of Rs 1,800 per equity share," the company said in a regulatory filing. In the first quarter of the financial year 2025-26 (Q1 FY26), the company had recorded a free cash flow of around ₹7,805 crore (USD 884 million). ALSO READ: How is share buyback like the one planned by Infosys taxed in ITR? https://upstox.com/news/personal-finance/tax/itr-filing-2025-live-due-date-deadline-extension-queries-news-tips-guide-sept-12/liveblog-181139/ Infosys share buyback history | Year | Buyback Size (₹ Cr) | Buyback Price (₹/Share) | |------|----------------------|--------------------------| | 2017 | 13,000 | 1,150 | | 2019 | 8,260 | 800 | | 2021 | 9,200 | 1,750 | | 2022 | 9,300 | 1,850 | For the latest buyback program, Infosys will now seek the approval of the shareholders. To add Upstox News as your preferred source on Google, click here.