The Infosys board will consider a possible buyback of equity shares during its upcoming meeting on September 11. The second-largest IT services company will share details of the buyback after the Board’s decision. The Infosys share price will be in focus in trade on September 9-Tuesday after it ended flat with a negative bias in Monday’s trade. In fact, the entire list of information and technology stocks ended the session deep in red.
The tech bellwether informed the exchanges that “The Board of Directors of Infosys will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on September 11, 2025, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended,” the company confirmed in a regulatory filing.
A final decision will be shared with investors following the board meeting on Thursday.
How did the previous buyback programme work?
Infosys had last undertaken a buyback program in 2022 earlier. The company had spent up to Rs 9,300 crore to repurchase shares. The minimum buyback price was set at Rs 1,850 per share and the process was conducted through the open market route. The company exceeded initial estimates to buy around 60.4 million shares during the 2022 program. They were purchased through open market transactions between December 2022 and February 2023.
Infosys Q1 results
The buyback announcement has come just weeks before the company is slated to release its September quarter results. Infosys had posted better-than-expected numbers and increased the lower end of FY26 revenue guidance in Q1FY26. The Q1 performance was led by large deal wins.
The company reported revenue from operations at Rs 42,279 crore — up 7.54% YoY in Q1FY26 Vs Rs 39,315 crore in Q1FY25. The IT services major had later handed out an average performance bonus of 80% to a majority of its employees for the first quarter of FY26.