Infosys Shares Rise on Buyback Rumors; Company to Discuss Proposal This Week

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Posted by AI on 2025-09-09 05:39:56 | Last Updated by AI on 2025-09-09 12:12:59

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Infosys shares surge as company to consider share buyback proposal this week. The IT major has had a stellar year, with strong revenue growth and aggressive expansion plans, and this news only adds to the positive sentiment.

Infosys Ltd. shares surged 3.4% amid rumors that the IT major is set to consider a proposal for the buyback of shares at its board meeting this week. The news has been received positively by the market, with investors hoping that the company will buy back its shares at a premium price. Infosys's management has refused to comment on the matter, however, speculation remains ripe regarding the possibility of a share buyback announcement.

The development comes after the company reported a robust quarterly earnings report, with revenue growing more than 30% compared to the previous year. Additionally, Infosys has been actively pursuing expansion plans, including acquisitions and partnerships within the global market.

The buyback proposal, if accepted, would mark a significant step for the IT major Infosys. It would enhance the company's shareholder return policy and demonstrate its commitment to capital allocation efficiency. The announcement of this decision is expected to come this week, so investors and analysts will be keeping a close eye on the IT giant.

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