India’s second-largest IT services company, Infosys Limited, on Monday (September 8) announced that its board of directors will consider a proposal for the buyback of fully paid-up equity shares at its meeting scheduled for September 11, 2025.
Infosys’ most recent share buyback took place in 2022. The company approved a ₹9,300-crore buyback programme with a maximum buyback price of ₹1,850 per share.
The offer period ran from December 7, 2022, to February 13, 2023, during which Infosys repurchased approximately 50.27 million shares through open market purchases on Indian stock exchanges.
First Quarter Results
Infosys reported an 8.7% increase in consolidated net profit in the June quarter to Rs 6,921 crore, as India’s second-largest IT services firm forecast a 1-3 per cent revenue growth for the full FY26. The Bengaluru-headquartered firm had logged a net profit of Rs 6,368 crore in the year-ago period.
Infosys’ revenue from operations for the quarter under review increased 7.53 per cent to Rs 42,279 crore, compared to Rs 39,315 crore in Q1 FY25. Seen sequentially, profit fell 1.5 per cent, while revenue rose 3.3%.
Also Read: Infosys shares get an upgrade post recent stock correction; Nifty IT up 2.5%
What is a share buyback?
A share buyback involves a company repurchasing its own shares from existing shareholders to reduce the number of shares available in the open market.
Why would a company buy back its own shares and not issue new ones?
· To increase promoter holding.
· To support the share price and pay surplus cash to shareholders.
· To increase the earnings per share, as a buyback reduces the number of outstanding shares.
· Safeguard against hostile takeovers.
Shares of Infosys Ltd ended at ₹1,436.10, down by ₹8.50 or 0.59%, on the BSE today, September 8.
(Edited by : Shoma Bhattacharjee)
First Published: Sept 8, 2025 7:24 PM IST
