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December 7, 2022 - February 13, 2023

Infosys Limited Buyback (Infosys Buyback 2022) Detail

Established in 1981, Infosys is an NYSE-listed global consulting and IT services company with more than 335k employees. With four decades of experience, Infosys Limited is a global leader in consulting, technology, outsourcing, and next-generation digital services enabling clients in more than 50 countries to create and execute strategies for their digital transformation.

From a capital of USD 250, The company have grown to become a USD 16.97 billion (LTM FY23 revenues) company with a market capitalization of approximately USD 77.88 billion. The company has pioneered the Global Delivery Model and became the first IT Company from India to be listed on NASDAQ.

The company believes in constant improvement through building and transferring digital skills, expertise, and ideas from its innovative ecosystem. The company offers solutions across digital marketing, digital commerce, digital interactions, and digital workplace services.

Infosys Buyback 2022 Detail

Issue PeriodDecember 7, 2022 - February 13, 2023
Security NameInfosys Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹9,300.00 Crores
Buyback Price₹1850 per share
Face Value₹5 per share
Listing AtBSE, NSE

Company Financials

Infosys Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-209276893594166396545063328
31-Mar-21108386102673194237635174227
31-Mar-22117885123936221467535073252
Amount in ₹ Crore

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 1,555.05 1,367.20 1,463.00
Jul-2022 1,555.00 1,410.90 1,484.98
Aug-2022 1,631.00 1,450.00 1,567.17

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 1,555.00 1,367.15 1,462.88
Jul-2022 1,555.70 1,410.65 1,485.00
Aug-2022 1,631.35 1,450.00 1,567.30

Necessity of the Issue

The Buyback is being undertaken for the following reasons:

i. The Buyback will help the Company to return surplus cash to its members, in line with the Capital Allocation Policy.

ii. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base in the long term, thereby leading to long-term increase in members' value

Infosys Buyback 2022 Documents

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Company Contact Information

Infosys Limited
44/97 Infosys Avenue,
Electronic City, Hosur Road,
Bengaluru, Karnataka 560 100

Phone: +91 8028520261
Email: sharebuyback@infosys.com
Website: https://www.infosys.com/

Infosys Buyback 2022 Registrar

  1. Kfin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India - 500 032.

    Phone: 04067162222, 04079611000
    Email: einward.ris@kintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

Infosys Buyback 2022 Manager

Lead Manager(s)

  1. Kotak Mahindra Capital Company Limited

Registered Broker

  1. Kotak Securities Limited
    Email: service.securities@kotak.com

Find Infosys Buyback 2022 Latest Update

Infosys Buyback 2022 FAQs

The Infosys Buyback 2022 opens on December 7, 2022, and closes on February 13, 2023.

The Infosys Buyback 2022 is a Open Market Through Stock Exchange.

Infosys Buyback 2022 Schedule

Buyback Opening DateDecember 7, 2022
Buyback Closing DateFebruary 13, 2023
Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange

The Infosys Buyback 2022 is being offered at Rs ₹1850 per share per equity share.

There is no ratio applicable in case of open market offer through stock exchange mechanism.

There is no concept of record date in case of open market through stock exchange mechanism.

The Infosys Buyback 2022 has announced a buyback for an aggregate amount of not more than Rs. ₹9,300.00 Crores with pricing of Rs.₹1850 per share.

The Buyback is being undertaken for the following reasons:

i. The Buyback will help the Company to return surplus cash to its members, in line with the Capital Allocation Policy.

ii. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base in the long term, thereby leading to long-term increase in members' value

Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

The Infosys Buyback 2022 offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


1 Comments

1. Mah     Link|October 14, 2022 11:31:05 AM
Since Infosys's 2022 buyback is an open market (not teneder offer) offer, how can retailers take part in it?
1.2. Saravana   I Like It. 2|  Link|December 8, 2022 5:52:33 PM
@ Alok kumar rai
They'll purchase shares just like we do. No offer. They'll place order just like us. You can't utilise the opportunity to sell to them. You'll never know when they buy. Only option to sell if you wanna sell is just like you do sell shares.
1.3. WealthyRam     Link|December 21, 2022 4:38:20 PM
Should we place or sell at buyback price? or how do we participate in open market buyback?

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