Infosys to consider share buyback on October 13

Bengaluru-based IT services provider Infosys said on Monday that its Board would consider a share buyback at a meeting on Thursday.

The company is set to announce its second-quarter results the same day.

“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 October 13, 2022, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended,” the company said in a filing to the stock exchanges.

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