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Infosys on Thursday announced that its board has approved the company’s largest-ever share buyback programme valued at Rs 18000 crore. Under the plan the IT major will repurchase 10 crore fully paid-up equity shares of face value Rs 5 each representing up to 2.41% of its total paid-up equity capital at a price of Rs 1800 per share — about 19% higher than Thursday’s closing price of Rs1509.5 on the BSE. Infosys Announces Rs 18000 Crore Share Buyback The Board of Directors of the Company at their meeting held on September 11 2025 has considered and approved a proposal to buyback equity shares for an amount of Rs 18000 crore at a price of Rs 1800 per equity share Infosys said in an exchange filing. At the end of June 2025 quarter the company had reported a free cash flow of USD 884 million (around Rs 7805 crore). With this Infosys matches the biggest ever share buyback programme of IT major TCS announced in 2022. TCS had then bought back 4 crore equity shares at a price of Rs 4500 per equity share for an aggregate consideration of Rs 18000 crore. Infosys Earlier Share Buyback The company had announced its first share buyback back in 2017. At that time Infosys had purchased 11.3 crore shares or up to 4.92 per cent of the paid-up equity share capital of the company at a price of Rs 1150 per Equity Share amounting to around Rs 13000 crore. The Bengaluru-headquartered company in 2022 announced a share buyback of Rs 9300 crore via an open market route for a maximum price of Rs 1850 per equity share. The second buyback of the company was worth Rs 8260 crore in 2019 the third was worth Rs 9200 crore and the last was worth Rs 9300 crore announced in the fiscal year 2022-23.  (With Inputs From PTI)