{"id":245607,"date":"2022-10-11T07:59:00","date_gmt":"2022-10-11T07:59:00","guid":{"rendered":"https:\/\/haftavasool.com\/haftavasool\/?p=245607"},"modified":"2022-10-11T07:59:00","modified_gmt":"2022-10-11T07:59:00","slug":"infosys-board-to-decide-on-share-buyback-proposal-on-thursday","status":"publish","type":"post","link":"https:\/\/haftavasool.com\/haftavasool\/blog\/2022\/10\/11\/infosys-board-to-decide-on-share-buyback-proposal-on-thursday\/","title":{"rendered":"Infosys Board To Decide On Share Buyback Proposal On Thursday"},"content":{"rendered":"

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Infosys board to decide on share buyback on Thursday<\/p>\n<\/div>\n

New Delhi: <\/b><\/p>\n

IT major Infosys Ltd on Monday said its board would decide on a proposal for share buyback in its meeting to be held on Thursday.<\/p>\n

The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on October 13, 2022, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, Infosys said in a regulatory filing.<\/p>\n

The board will finalise the company’s second quarter results on October 13.<\/p>\n

Under a share buyback or repurchase, a company buys back its own shares from investors or shareholders. It is seen as an alternative, tax-efficient way to return money to shareholders.<\/p>\n

Shares of Infosys closed at Rs 1,465 per unit, up 0.95 per cent on the BSE Sensex index.<\/p>\n

Last year, the Infosys board had approved an up to Rs 9,200 crore buyback plan, which commenced on June 25, 2021.\u00a0<\/p>\n<\/div>\n

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[ad_1] Infosys board to decide on share buyback on Thursday New Delhi: IT major Infosys Ltd on Monday said its board would decide on a proposal for share buyback in its meeting to be held on Thursday. The board of the company will consider a proposal for buyback of fully paid-up equity shares of the […]<\/p>\n","protected":false},"author":1,"featured_media":245608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3320,62153],"_links":{"self":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/245607"}],"collection":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/comments?post=245607"}],"version-history":[{"count":0,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/245607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media\/245608"}],"wp:attachment":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media?parent=245607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/categories?post=245607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/tags?post=245607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}