India's Infosys to consider share buyback proposal
India`s Infosys Ltd
The country`s No. 2 software services exporter said in April, it would return up to 130 billion rupees ($2.03 billion) to shareholders in the fiscal year ending March 2018, adding the manner of the payout will be decided by later by the board.
The company, which did not provide any details on the buyback, said the outcome of the board meeting will be announced after the meeting on Aug. 19. (http://bit.ly/2fLYbs6)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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