Buyback slated for Infosys

Q.  Infosys on 17th Nov said share buyback would begin on November 30 and close on December 14. What is the size of the buyback?
- Published on 20 Nov 17

a. 15000 crores
b. 12500 crores
c. 13000 crores
d. 14000 crores

ANSWER: 13000 crores
 
Buyback slated for InfosysInfosys on Nov 17th said share buyback would begin on November 30 and close on December 14.

The IT services major has issued an offer letter for the buyback of shares.

It said that the necessary forms along with the letter would be dispatched to the eligible shareholders whose names appeared on the record date of November 1.

Infosys: Know More
  • Industry: IT services, IT consulting
  • Founded: 7 July 1981; 36 years ago
  • Founders:
    • N. R. Narayana Murthy
    • Nandan Nilekani
    • S. Gopalakrishnan
    • S. D. Shibulal
    • K. Dinesh
    • N. S. Raghavan
  • Ashok Arora
  • Headquarters: Bengaluru, Karnataka, India
  • Services: IT, business consulting and outsourcing services

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    Discussion

  • sandeep kumar   -Posted on 20 Nov 17
    Hello sir,
    I completed B.Tech in stream of Computer Sceice & Engineering in this year. Now i want to a job in infosys company.So that How can i achieve my dreams.

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