Infosys share buyback: Company set for its biggest Rs 18,000 crore offer ever; what to know before Nov 14 record date

Infosys, India’s second-largest IT services company, is gearing up for its biggest-ever share buyback worth Rs 18,000 crore, with November 14, 2025, set as the record date to determine eligible shareholders, according to an ET report.The Bengaluru-headquartered company will repurchase 10 crore equity shares, representing 2.41% of its paid-up capital, at Rs 1,800 per share — a 19% premium over the market price at the time of announcement on September 12. From Tuesday’s closing price, the offer reflects a 17.5% premium.This marks Infosys’ fourth buyback since 2017 and its largest so far. Previous buybacks were valued at Rs 13,000 crore (2017), Rs 8,260 crore (2019), and Rs 9,300 crore (2022).The buyback proposal received overwhelming shareholder approval, with 98.81% voting in favour. However, company promoters – including Narayan Murthy, Nandan Nilekani, and Sudha Murty — have opted not to participate in the offer.If fully subscribed, the move will increase promoter shareholding from 13.05% to 13.37%, while public ownership will see a slight dip from 86.95% to 86.63%. This change could have a minor impact on voting rights, according to the report.Market experts see short-term opportunities ahead of the record date. Nilesh Jain of Centrum Broking told ET that Infosys shares could rise to Rs 1,550–1,600 in the near term, suggesting investors buy before the record date to benefit from the premium.Anuj Gupta of Ya Wealth Global Research added that existing shareholders must hold Infosys shares on November 14 to qualify for the buyback, calling it “a good opportunity for short-term gains.”Infosys’ move is being viewed as a strong signal of confidence in its balance sheet and cash position, even as the broader IT sector navigates global demand uncertainty.