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RSS FeedsInfosys approves up to $2 billion buyback of shares
(WorldNews Business)

 
 

19 august 2017 09:45:29

 
Infosys approves up to $2 billion buyback of shares
(WorldNews Business)
 


MUMBAI (Reuters) - The board of India`s second biggest IT firm, Infosys Ltd, on Saturday approved a share buyback programme of up to 130 billion rupees ($2.03 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company`s founders. The Bengaluru-headquartered company had said in April that it intended to return $2 billion cash to its shareholders before March 2018. ($1 = 64.0900 Indian rupees) (Reporting by Sankalp Phartiyal) ......


 
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