Infosys to table equity shares’ buyback proposal at board meeting

DSIJ Intelligence / 17 Aug 2017

Infosys to table equity shares’ buyback proposal at board meeting

In a filing with the BSE, technology consulting major Infosys Ltd. has informed that a proposal for buyback of equity shares of the company is under consideration and will be presented at its Board of Directors’ meeting scheduled for August 19, 2017.

In a filing with the BSE, technology consulting major Infosys Ltd. has informed that a proposal for buyback of equity shares of the company is under consideration and will be presented at its Board of Directors’ meeting scheduled for August 19, 2017.
 
Meanwhile, the stock of Infosys Ltd. opened at Rs 1,010 per share, up by Rs 33.20 or 3.40% as against its previous close of Rs 976.80. The stock had hit its 52-week high of Rs 1,080.70 on October 14, 2016 and 52-week low of Rs 900.30 on November 9, 2016.

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