Infosys board to discuss share buyback, special dividend at Jan 11 meet
In April last year, Infosys board had said it had identified an amount of up to Rs 13,000 crore to be paid to shareholders. This was done through a special dividend of Rs 10 per share that was to result in a payout of about Rs 2,600 crore in June 2018.
Infosys had also stated that the board had decided to retain its policy of returning up to 70 per cent of the free cash flow of the corresponding financial year to shareholders. Image source: Reuters