MUMBAI: India Inc is extending a banner year for share buy-backs.
Seven weeks into 2019, two dozen companies led by technology major Infosys Ltd. have announced or completed plans to buy 170.5 billion rupees (US$2.4bil) of their own stock, according to data compiled by Bloomberg. This compares with about 545 billion rupees for all of 2018, which was the highest in at least six years, the data show.
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