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After TCS, Infosys thinks of buyback worth $2.5 billion,

After TCS, Infosys thinks of buyback worth $2.5 billion,

Thursday, February 23, 2017, 5:45 PM

According to reports, after IT major TCS decision to buy back shares, software giant Infosys could be following suit. Infosys could be announcing a share buyback of $2.5 billion in April. The report further stated that Infosys founders are fine with the decision. At present, the founders hold 13% in the firm and are classified as promoters.
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