Infosys ₹18,000 Crore Buyback Opens – Why Retail Investors May Benefit the Most
The much-awaited Infosys share buyback worth ₹18,000 crore has officially opened on November 20, 2025, and will remain open until November 26, 2025. This is the largest buyback in Infosys’ history, surpassing the previous ₹9,300 crore buyback announced in 2022.👉 Know more about Infosys on its official website: Infosys Investor Relations The company has fixed the buyback price at ₹1,800 per share, offering a significant premium over its current market levels. As of 9:55 AM on November 20, Infosys shares were trading around ₹1,544. Buyback Categories: Reserved vs General Infosys has split the buyback into two distinct categories: 1. Reserved Category – Small Shareholders 2. General Category 💡 Entitlement represents the minimum number of shares a shareholder can tender, based on their holding on the record date. Why This Buyback Could Benefit Retail Investors One of the biggest positives for retail investors is that Infosys promoters have decided not to participate in the buyback. Promoter Shareholding (as of September 30, 2025) Key Promoter Holdings Why this matters Expert Views: Tax Considerations: Crucial for Investor Decision-Making Since October 2024, buyback proceeds are treated as ‘deemed dividend’ and are taxable in the investor’s hands. Impact by Tax Bracket Ajit Mishra of Religare Broking notes:“The buyback is attractive mainly for lower-tax investors. For others, the tax outflow may offset the gains.” Infosys Fundamentals: Stable but Not Aggressive Infosys is funding the buyback entirely through internal cash reserves, highlighting its strong balance sheet and consistent free cash flow. What Is a Share Buyback? A share buyback is when a company repurchases its own shares to: Infosys is buying back 10 crore equity shares, representing 2.41% of its total equity capital. This buyback offers a ~19% premium, based on the stock price when the buyback was announced in September. 📌 Learn more about buybacks here:SEBI – Buyback Regulations Conclusion: Should Retail Investors Tender? Retail (small) shareholders stand to benefit the most due to:✔ Higher entitlement ratio✔ Higher acceptance due to promoter non-participation✔ Attractive premium over current market price However, investors in higher tax brackets must weigh tax impact before proceeding.
