Infosys Completes ₹18,000 Crore Share Buyback: Key Details and Outcomes
Infosys has successfully completed its largest share buyback of ₹18,000 crore. The company repurchased 10 crore equity shares at ₹1,800 per share through a tender offer route. The buyback was settled on December 3, with a record date of November 14. The offer was oversubscribed by approximately 8.28 times, indicating strong investor interest. Promoters, including N.R. Narayana Murthy, Nandan Nilekani, and Sudha Murty, did not participate in the buyback. The buyback aimed to return surplus funds and enhance long-term shareholder value by reducing the equity base.

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Infosys , one of India's leading IT services companies, has successfully completed its largest share buyback to date, amounting to ₹18,000 crore. The company repurchased 10 crore equity shares at ₹1,800 per share through a tender offer route.
Key Highlights of the Completed Buyback
| Aspect | Details |
|---|---|
| Settlement Date | December 3 |
| Record Date | November 14 |
| Buyback Size | ₹18,000.00 crore |
| Shares Repurchased | 10.00 crore |
| Price per Share | ₹1,800.00 |
| Oversubscription | Approximately 8.28 times |
Important Outcomes
Full Utilization: The buyback utilized the entire ₹18,000.00 crore amount as planned.
Overwhelming Response: The offer received an exceptional response, being oversubscribed by approximately 8.28 times.
Shareholder Impact: All eligible shareholders as of November 14 were affected by the buyback.
Completion Timeline: The repurchase process concluded with the settlement on December 3.
Previous Details
Promoter Participation: As previously announced, promoters, including N.R. Narayana Murthy, Nandan Nilekani, and Sudha Murty, did not participate in the buyback.
Objective: Infosys had stated that the buyback aimed to return surplus funds efficiently while enhancing long-term shareholder value by reducing the equity base.
Tax Implications
Investors should be aware of the tax implications as previously cautioned by Zerodha co-founder Nithin Kamath:
Taxation of Gains: Gains from the buyback are taxed as 'income from other sources' at applicable slab rates.
Capital Loss: The entire investment value is considered a capital loss.
Attractiveness: The buyback was particularly attractive for investors with other capital gains to offset against the resulting capital losses.
Conclusion
The successful completion of this significant corporate action by Infosys demonstrates the company's commitment to returning value to shareholders and optimizing its capital structure. The overwhelming response to the buyback, as evidenced by the high oversubscription rate, indicates strong investor interest in Infosys shares.
Shareholders who participated in the buyback should review their portfolios and consult with financial advisors to understand the implications of this transaction on their investments and tax situations.
Historical Stock Returns for Infosys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.16% | +3.60% | +10.19% | +3.98% | -16.47% | +41.34% |
















































