In a recent announcement Infosys has announced a share buy-back plan of Rs 13,000 crore. The buy-back is through tender offer process and is subject to approval of shareholders. The buy-back has been announced post the resignation of Mr. Vishal Sikka which has already caused more than 10% correction in the stock price of the company.
So, if you are shareholder of Infosys, what should you do?…even if you are not, is the buy-back an interesting opportunity or if there are too many risks considering the uncertainty regarding the future of the company.
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