The company will repurchase the shares at this price :-
Infosys, a leading IT services company, has decided to
repurchase its shares. The company will repurchase shares from June 25. A total
of Rs 9,200 crore worth of shares will be repurchased.
The company's annual general meeting was recently held on
June 19. The members approved the proposal to repurchase shares worth Rs 9,200
crore. The company then decided to start the process from June 25. The company
has said it will repurchase shares from the open market. Shares of Infosys
closed 0.59 per cent lower at Rs 1,502.85 on the BSE today. 1503 shares of
Infosys in the national stock market. Stabilized at Rs. It declined slightly by
0.58 per cent.
According to the company, the repurchase of shares will
start from June 25, 2021. The company has said that the program will continue
till the completion of the set target or by the last date of December 24, 2021.
5,25,71,428 shares will be repurchased.
0 Comments