(Reuters) -India’s No.2 IT services provider Infosys approved a share buyback worth 180 billion rupees ($2.04 billion), the company said on Thursday.
The company said it had set a buyback price of 1,800 rupees per share, adding that the repurchase will be conducted via the tender offer route.
($1 = 88.2740 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Additional reporting by Harshita Meenaktshi; Editing by Anil D’Silva)
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