Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares

New Delhi: IT major Infosys has bought back 11.05 crore of its shares under its Rs 8,260-crore buyback offer that began in March this year.

“…The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share; and deployed an amount of Rs 82,59,99,99,430.03 deploying 99.999999 per cent of the maximum buyback size (excluding transaction costs)…till August 26,” Infosys said in a regulatory filing on late Monday night.