Infosys to consider share buyback on April 14, announce FY21 results

Information technology (IT) services major Infosys, in a listing to the BSE, said its board would consider a proposal for buyback of fully paid-up equity shares of the company. The board is set to meet on April 14. This will be the third buyback of shares by the company.

“The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April 14, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018,” the statement said.

The IT services giant is also slated to hold a board meeting on April 13 and 14, to approve of and take on record the consolidated financial results of the company for the quarter and year ended March 31, 2021.