Infosys, the second-largest IT services provider in India, has declared its largest share buyback program to date on September 12, 2025. The company intends to repurchase 100 million equity shares as part of a significant capital return initiative for its investors. This move is not only notable for its scale but also for its attractive pricing, offering a premium of 19% over the market price at the time of the announcement.

This buyback marks the fourth occurrence since 2017, emphasizing Infosys's commitment to enhancing shareholder value. The record date has been set for November 14, 2025, determining which shareholders are eligible to participate in this Rs 18,000 crore ($2.4 billion) buyback plan. Only those who hold shares in their demat accounts by the close of trading on this date will qualify for the program.

The fixed buyback price is Rs 1,800 per share, indicating a significant premium of 19% compared to the closing market price on the announcement day. This premium decreases slightly to 17.5% when viewed from the closing price leading up to the announcement date. The scale and attractiveness of this buyback plan highlight Infosys's focus on rewarding its investors and demonstrates a robust financial position capable of executing such a substantial capital return strategy.