Infosys promoters may sell stake in â¹13,000 crore buyback
Infosys on Monday said some of its promoters have communicated their intention to participate in its proposed â¹13,000 crore share buyback programme. The Infosys founders and their families hold about 12.75% of Infosys. Notably, the share buyback price of â¹1,150 is higher than the current trading price of around â¹940, which former CFO V Balakrishnan termed as "reasonably good".