Infosys: Rs 24,100 crore capital return, dividend declared

Infosys: Rs 24,100 crore capital return, dividend declared

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Infosys Capital Return: The country's leading IT company, Infosys, has given a capital return of more than Rs 24,100 crore with a total dividend of Rs 31 per share in the financial year 2021-22. Along with this, shares worth Rs 11,000 crore have also been repurchased. The company's co-founder and chairman, Nandan Nilekani, gave this information on Saturday.

Information given in the general meeting of the company

Let us tell you at the 41st Annual General Meeting of the company that the financial year 2021-22 has been a year of extraordinary growth in which the company has achieved a growth of 19.7 percent. This is the fastest growth the company has achieved in the last 11 years.

Shareholders will get Rs 31 per dividend.

He said that the board of directors of the company has recommended a final dividend of Rs 16 per share. Apart from this, there is also an interim dividend of Rs 15 per share, taking the total dividend to Rs 31 per share in the financial year 2021-22.

Declaration of a total dividend of Rs 13,000 crore

Nilekani said, "With this, the company has declared a total dividend of about Rs 13,000 crore in 2021-22." Apart from this, a share buyback of Rs 11,000 crore was completed in September. The total capital return is more than Rs 24,100 crore.

Do you know what the company officials said?

He said the board of directors has recommended the reappointment of Salil Parekh as the chief executive officer and managing director of Infosys. Parekh's second term will be for five years and will last from July 1, 2022, to March 31, 2027.

Infosys: Rs 24,100 crore capital return, dividend declared