Mon, Oct 10, 2022
A company buys back its own shares from investors or shareholders under a share buyback or repurchase. It is seen as an alternative, tax-efficient way to return money to shareholders.
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Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
Wed, Nov 01, 2017
Total buyback offer consists of 11,30,43,478 equity shares fully paid-up having face value of Rs 5 each at a floor price of Rs 1,150 per piece.
Sun, Sep 03, 2017
The promoters group -- which includes most of the founders and their families -- have expressed their intention to be part of Infosys' first buyback plan in its over three-decade history and have offered to tender a maximum of 1.77 crore shares.
Sat, Sep 02, 2017
Infosys said Nandan Nilekani's office as director shall be subject to retirement by rotation and the remuneration proposed to be paid to him is nil.
Tue, Aug 29, 2017
Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.
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