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IT major’s share hits 52-week high on account of buyback, third in 5 years
Share of IT major Infosys on Monday hit a 52-week high of 1,477.55 on the NSE on account of buyback news. The company has announced that it will consider a proposal for buying back fully paid-up equity shares at its board meeting to be held on April 13 and 14.Â
âThe board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April 14, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018,â the company statement said in a statement.