Infosys Sets November 14 Record Date for Rs 18,000 Crore Share Buyback

Infosys is buying back its own shares for a large amount of money, and they've set a specific date, November 14, 2025, called the 'record date.'

If you own Infosys shares on this date, you'll be able to participate in this buyback.

It's like the company is saying, 'If you're a shareholder on this day, we'll buy some of your shares back from you.'

They are buying them for more than the usual market price.

A big change this year is how these buybacks are taxed.

Before, the company paid the tax.

Now, starting after October 1, 2024, the people who sell their shares back to the company will have to pay tax on the money they receive, as if it were extra income like a dividend.

There's a special rule for shares bought a long time ago, before February 1, 2018.

For those shares, the calculation of profit for tax purposes is a bit more complex to make sure people don't get taxed again on gains made in the past.

If you bought shares more recently, after February 1, 2018, the tax calculation is more straightforward.