Infosys Buyback 2025: Record Date, Price, and What Investors Should Do

Infosys has once again turned the spotlight on itself — not for earnings or a new tech contract, but for its massive Rs.18,000 crore share buyback. With the record date finally here, investors across India are debating whether to tender their shares or stay invested for the long haul.

This article breaks down everything you need to know about the Infosys buyback — record date, price, acceptance ratio, tax implications, and the real logic behind it. Let’s dig in.

Quick Snapshot: Infosys Buyback 2025 Details

Buyback Type: Tender Offer

Buyback Record Date: Nov 14 2025

Buyback Opening Date: Nov 20 2025

Buyback Closing Date: Nov 26 2025

Buyback Offer Amount: Rs 18000 Cr.

Date of Board Meeting approving the proposal: Sep 11 2025

Date of Public Announcement: Sep 11 2025

Buyback Offer Size: 2.41%

Buyback Number of Shares: 10,00,00,000

FV: 5

Buyback Price: Rs 1800 Per Equity Share

What’s a Buyback and Why Infosys is Doing It

A share buyback is when a company repurchases its own shares from the market, reducing the total number of shares in circulation. Fewer shares mean a higher Earnings Per Share (EPS) and, ideally, a stronger valuation.

For Infosys, this buyback isn’t a one-off. It aligns with their consistent capital-return strategy — the company aims to return nearly 85% of free cash flow to shareholders via dividends and buybacks. With over Rs.50,000 crore in cash reserves, Infosys can afford to reward investors while signalling balance sheet strength.

But there’s more beneath the surface.

This move also suggests that the management sees limited high-return reinvestment opportunities in the short term — making buyback a cleaner, shareholder-friendly route to deploy excess cash.

Premium Payout — But at What Cost?

The buyback price of Rs.1,800 per share represents roughly a 19% premium to the market price at the time of announcement (around Rs.1,510–Rs.1,525).

That means if you were holding Infosys shares before the record date, you stand to gain a handsome short-term return — if your shares are accepted.

But here’s the catch: the acceptance ratio in such buybacks tends to be low, especially in the retail category. Analysts estimate it could be between 10% to 20%, meaning only a small portion of your tendered shares may actually get accepted.

So yes, there’s profit potential — but don’t expect all your shares to be bought back.

Key Dates to Keep in Mind

• Board Approval: 11 September 2025
• Postal Ballot / E-Voting: 6 October – 4 November 2025
• Record Date: 14 November 2025 (to confirm eligibility)
• Tender Period: Yet to be announced (usually a few weeks post record date)

If you hold Infosys shares as of the record date, you’ll be eligible to participate in the tender offer when it opens.

Why Investors Are Watching Closely

The Infosys buyback is more than just a corporate event — it’s a sentiment driver. Here’s why it matters:

1. EPS Boost: The reduction in share count (~2.4%) marginally boosts earnings per share, which can support valuations in the medium term.
2. Confidence Signal: Promoters not participating indicates belief in long-term growth.
3. Cash Utilisation: Infosys has a track record of disciplined capital allocation, and this buyback strengthens that perception.
4. Short-term Catalyst: Traders expect short-term volatility and potential price support around the Rs.1,700–Rs.1,800 zone.

However, none of this changes the core fundamentals — revenue growth, deal wins, and margin recovery still dictate the stock’s future.

Should You Tender or Hold?

This is the real question every Infosys shareholder is asking. Here’s a logical take:

Tender (Short-Term Play)

If your purchase price is significantly below Rs.1,800, tendering some shares makes sense. You lock in profits, even if the acceptance ratio is modest.

However, this works best for short-term investors or those with limited holdings.

Hold (Long-Term Play)

Infosys remains a solid blue-chip with consistent cash flows and a strong client base. If your investment horizon is 5–15 years, holding your stake could deliver better compounding returns than one-time buyback gains.

Also, once the buyback concludes, the reduced share count could subtly push the stock higher over time — a quiet but lasting benefit for long-term holders.

Tax Impact You Can’t Ignore

Tendering shares in a buyback can have tax implications. While the company bears buyback tax, capital gains (if any) may still apply depending on how long you’ve held the stock.

If your shares aren’t accepted, they’ll remain in your Demat account and continue to be taxed under normal capital gain rules whenever you decide to sell.

Bottom line — don’t forget to factor in post-tax returns before making your decision.

Expert Take

Market analysts see this buyback as a mildly positive event, not a game changer. It reflects good corporate governance and efficient cash utilisation, but it doesn’t fix macro challenges like global IT spending cuts or margin pressure.

That said, buybacks do help cushion downside risks and improve per-share metrics — which is never a bad thing.

Practical Tips for Investors

1. Check Eligibility: Ensure your Infosys shares are in your Demat before the record date (Nov 14).
2. Don’t Buy Just for Buyback: Avoid speculative entries unless you genuinely like the stock’s fundamentals.
3. Review Portfolio Allocation: If IT already forms a large chunk of your holdings, resist adding more just for a short-term trade.
4. Focus on Process, Not Hype: Use the buyback as a learning opportunity — understand corporate actions, timing, and acceptance logic.

Final Thoughts

Infosys’ Rs.18,000 crore buyback is a classic example of a mature company returning value to shareholders while keeping balance-sheet discipline intact.

Yes, the Rs.1,800 price tag looks tempting — but don’t let short-term greed override long-term logic. If you believe in Infosys’ business model, its expanding global footprint, and consistent profitability, staying invested could be the smarter play.

For traders and short-term opportunists, the buyback offers a tactical window — just remember, not every tendered share gets accepted.