Infosys to consider share buyback, special dividend during 11 January board meeting - News Summed Up

Infosys to consider share buyback, special dividend during 11 January board meeting


Infosys shares closed at Rs 669.85, down 0.19%, or 1.30 points, on the BSE on Tuesday. Photo: BloombergNew Delhi: Infosys will consider proposals for share buyback and special dividend during its board meeting on January 11, the company said in a statement to the stock exchanges on Tuesday. The Bengaluru-based company is also slated to announce its third quarter results on January 11. The IT major last year repurchased 113,043,478 equity shares at a price of ₹1,150 per share for an aggregate amount of ₹13,000 crore. The company’s December 2017 share buyback programme saw participation from LIC, Singapore government, Sudha Gopalakrishnan (wife of co-founder S. Gopalakrishnan) and Rohan Murty (son of co-founder N.R.


Source: Mint January 08, 2019 11:58 UTC



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