The share price of the IT behemoth Infosys surged 4.4% in the intraday trading session as the IT giant gears up for a key board meeting on September 11, where a proposal for buyback of its equity shares will be on the table.
Let’s take a looking at the key factors to watch out for –
Infosys buyback: What the company said
In a regulatory filing on September 8, Infosys announced the development.
In the regulatory filing, “The Board of Directors of Infosys Limited 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 outcome of the meeting will be communicated to stock exchanges once the discussions conclude.
Infosys buyback: Why it matters now
If cleared, this will be the first buyback since the Bengaluru-headquartered IT major concluded its last repurchase programme in early 2023.
Back then, Infosys had approved a buyback worth Rs 9,300 crore at a minimum price of Rs 1,850 per share. The plan ran between December 7, 2022, and February 13, 2023, during which more than 50 million shares were bought back from the open market.
Infosys buyback: A look at performance
The buyback proposal comes just after Infosys reported its first-quarter results for FY26. The company posted a consolidated net profit of Rs 6,921 crore, up 9% year-on-year, while revenue rose 8 per cent to Rs 42,279 crore.
Margins, however, remained slightly under pressure at 20.8 per cent, down from both the year-ago period and the preceding quarter. Free cash flow stayed strong at $884 million, with deal wins worth $3.8 billion, over half of which were net new contracts.
Infosys buyback: What’s next for shareholders
For investors, the September 11 board meet will be a crucial date. The proposed buyback comes ahead of the company’s September-quarter earnings. Moreover, this will also be the first such corporate action since the company’s 1:1 bonus issue in 2018.
Infosys share performance under pressure in 2025
Infosys share price has been under strain. The share price of Infosys slipped 3% in the past five trading sessions.
Furthermore, it is down 15% in six months, and has lost 24% so far in 2025. On a yearly basis too, the stock is weaker by 24%.
Infosys currently commands a market capitalisation of Rs 5.95 lakh crore. Its 52-week high stands at Rs 2,006.45, while the low is at Rs 1,307.