Infosys approves share buyback worth $2 billion
India's No.2 IT services provider Infosys NSE:INFY1! approved a share buyback worth 180 billion rupees ($2.04 billion), the company said on Thursday.
The company said it had set a buyback price of 1,800 rupees per share, adding that the repurchase will be conducted via the tender offer route.
($1 = 88.2740 Indian rupees)